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2420 Jenks AvenueListing photo id 1 for 2420 Jenks Avenue Listing photo id 2 for 2420 Jenks Avenue Listing photo id 3 for 2420 Jenks Avenue Listing photo id 4 for 2420 Jenks Avenue Listing photo id 5 for 2420 Jenks Avenue Listing photo id 6 for 2420 Jenks Avenue Listing photo id 7 for 2420 Jenks Avenue Listing photo id 8 for 2420 Jenks Avenue Listing photo id 9 for 2420 Jenks Avenue Listing photo id 10 for 2420 Jenks Avenue
  • MLS#: 787317 ( CommercialSale )
  • Street Address: 2420 Jenks Avenue
  • Viewed: 2
  • Price: $4,000,000
  • Price sqft: $182
  • Waterfront: No
  • Year Built: 2007
  • Bldg sqft: 22000
  • Additional Information
  • Geolocation: 30.1914 / -85.662
  • County: BAY
  • City: Panama City
  • Zipcode: 32405
  • Subdivision: [no Recorded Subdiv]
  • Elementary School: Hiland Park
  • Middle School: Jinks
  • High School: Bay
  • Provided by: NAI TALCOR
  • DMCA Notice
  • Description
    2420 Jenks Avenue offers investors the opportunity to acquire a fully leased commercial property in Panama City, Florida. The asset consists of approximately 22,000 square feet across three buildings situated on two parcels (Bay County Parcel ID's 13016 122 000 and 13016 122 070). The improvements include two buildings totaling 8,000 RSF each and one building of approximately 6,000 RSF. The property is currently 100% leased, providing immediate in place income. Recent capital improvements include new roofs installed in 2022. The property is being offered at an 8.63% cap rate and owner financing is available. 2420 Jenks Avenue is located in a well established commercial corridor in Panama City with convenient access to surrounding business districts and major transportation routes.
Features
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Covered Spaces
  1. 0.00
Garage Spaces
  1. 0.00
High School
  1. Bay
Insurance Expense
  1. 0.00
Legal Description
  1. 29 3S 14W -19.22- 91A ST AND BAY DEV CO PLAT BEG 210.3' S OF INTER OF E R/W JINKS AVE & N LINE LOT 111 FOR POB TH CONT S 124.99' E 225' S 105' W 225' S 25' E 250' SELY 141.71' NELY 76.24' NELY 48.88' SELY 0.81' N 231.51' W 513.58' TO POB BEING PART O F LOTS 111 & 114 ORB 1935 P 1798 LESS -19.22H-
Levels
  1. One
Living Area
  1. 0.00
Middle School
  1. Jinks
Area Major
  1. 02 - Bay County - Central
Net Operating Income
  1. 0.00
Occupant Type
  1. Occupied
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 13016-122-000
Pet Deposit
  1. 0.00
Possible Use
  1. Commercial
Property Type
  1. CommercialSale
School Elementary
  1. Hiland Park
Security Deposit
  1. 0.00
The Range
  1. 0.00
Trash Expense
  1. 0.00
Year Built
  1. 2007