$4,800,000
Panama City, FL 32405
MLS# 720446
Status: Sold
17264 sqft
1 / 6
Property Description
17264 square foot medical office building immediately adjacent to Gulf Coast Medical Center. The current tenant is Florida Cancer Affiliates / U.S. Oncology, which was acquired by McKesson (NYSE:MCK). Long-term lease. The seller is replacing the roof at seller's expense. Current NOI = $349,956.
Details
Maps
Contract Info
List Price/SqFt: 278.04
List Date: 2021-12-01
List Price: $4,800,000
Current Price: $4,800,000
Sub-Type: Office
Location
Sub Area: 0203 - Bay - Central SW
Community/Resort: None
Waterfront: No
Elementary School: Northside
Middle School: Jinks
High School: Bay
Directions: State Avenue. Adjacent to Gulf Coast Medical Center.
Area: 02 - Bay County - Central
Street #: 2100
Street Name: State
Street Suffix: Avenue
State: FL
Zip Code: 32405
County: Bay
Subdivision: No Named Subdivision
Parcel ID: 14168-011-000
Legal Description: Long legals - 2 parcels:
14168-011-000 and 14168-011-001
General Property Info
List Class: Commercial
Acreage: 1.47
Construction Status: Construction Complete
# of Units: 2
SqFt HVAC: 17264
SqFt - Office: 17264
# of Stories in Building: 1
SqFt Tot Bldg: 17264
Year Built: 1991
Listing Info, Tax and Legal
HOA Fee: No
Remarks & Misc
Remarks: 17264 square foot medical office building immediately adjacent to Gulf Coast Medical Center. The current tenant is Florida Cancer Affiliates / U.S. Oncology, which was acquired by McKesson (NYSE:MCK). Long-term lease. The seller is replacing the roof at seller's expense. Current NOI = $349,956.
Status Change Info
Sold Price/SqFt: 278.04
Sold Price/Acre: 3265306.12
Status: Sold
Under Contract Date: 2021-12-01
Sold Date: 2021-12-23
Sold Price: $4,800,000
Construction/Siding
Floor - Tile: 1
Floor - W/W Carpet: 1
Foundation - Slab on Grade: 1
Steel/Frame: 1
Roof - Metal: 1
Roof - Sloping: 1
Siding - Stucco: 1
Energy
AC - 2 or More: 1
AC - High Efficiency: 1
Financing
Cash: 1
Conventional: 1
Present Zoning
City: 1
Commercial: 1
Utilities
All Utilities: 1
Accessibility Features
Accessible Approach with Ramp: 1
Sale Type
As Is: 1
Floors in Unit/Home
One: 1
Heating/Cooling
AC - Central: 1
AC - Entire: 1
Heat - HVAC: 1
Income Producing
Building SqFt: 17264
Net Operating Income: 349956
Property Type: Office
Offering Type
Sale with Lease: 1
Transport. Access
2-Lane: 1
Property Features
Accessibility Features: Accessible Approach with Ramp
Energy: AC - 2 or More; AC - High Efficiency
Financing: Cash; Conventional
Offering Type: Sale with Lease
Present Zoning: Commercial
Sale Type: As Is
Utilities: All Utilities
Listing Office: Counts Real Estate Group Inc
Last Updated: October - 04 - 2024
Information deemed reliable but not guaranteed.