Listing Summary
Priced at $3,490,000, this institutional-quality industrial asset offers an exceptional entry point or footprint expansion for commercial real estate investors looking to capitalize on Florida's resilient storage demand.
Full Description
2-Property Self-Storage Portfolio For Sale | Panama City, FL
SVN and SelfStorageSales.com are pleased to introduce a premier, two-property self-storage investment portfolio strategically located within the rapidly expanding market of Panama City, Florida. Priced at $3,490,000, this institutional-quality industrial asset offers an exceptional entry point or footprint expansion for commercial real estate investors looking to capitalize on Florida's resilient storage demand.
A standout, high-value feature of this acquisition is the assumable loan at a 5% interest-only rate, offering the buyer immediate protection against fluctuating debt markets and optimizing day-one cash-on-cash returns.
Executive Portfolio Summary
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Total Offering Price: $3,490,000
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Property Type: Industrial / Self-Storage Portfolio
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Total Combined Building Size: 43,600 SF
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Total Net Rentable Square Footage (NRSF): Approx. 43,600 SF (Combined)
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Total Portfolio Units: 337 Units
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Financing Highlight: Rare Assumable Loan — 5% Interest-Only terms available
Individual Property Breakdowns & Facility Details
This value-add portfolio consists of two highly secure, well-maintained facilities situated along high-traffic corridors with exceptional visibility.
1. Frankford Self-Storage
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Location: 1717 Frankford Avenue, Panama City, FL
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Unit Count: 225 Units
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Size & Acreage: Approximately 27,000 NRSF situated on a generous 1.9-acre parcel.
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Security & Amenities: Fully fenced perimeter featuring a secure gated entry equipped with an automatic gate system.
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Operations: Includes a dedicated, professional on-site office to streamline customer service, leasing, and local management operations.
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Traffic Counts: Benefits from consistent local exposure with 8,900+ Vehicles Per Day (VPD).
2. Stow Pros Self Storage
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Location: 2726 15th Street, Panama City, FL
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Unit Count: 112 Units
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Size & Acreage: Approximately 16,600 NRSF positioned on a 1.26-acre parcel.
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Security & Infrastructure: Features fully secured fencing and a reliable gated entry system to ensure total peace of mind for tenants.
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Traffic Counts: Commands massive commercial exposure, fronting a primary thoroughfare with an exceptional 31,000+ Vehicles Per Day (VPD).
Strategic Location & Demographic Market Analysis
This self-storage portfolio is exceptionally positioned within Panama City, a vibrant and expanding coastal Florida community recognized for its robust, recession-resilient economy.
Demographics & Growth Patterns
The local Panama City population surpasses 37,500 residents, while the broader Panama City–Panama City Beach metropolitan area boasts an estimated population of 226,221. This reflects a highly impressive 3.8% year-over-year growth rate, signaling a steady influx of new residents requiring storage solutions during transitions, down-sizing, or corporate relocations.
Regional Driving Factors
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Economic Diversity: Regional growth is backed by healthy, diverse local industries including thriving tourism, expanding healthcare networks, regional education hubs, and a stable manufacturing sector.
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Proximity to Tourism Centers: The properties sit just minutes from Panama City Beach, a major national destination that attracts millions of visitors annually, feeding a secondary market of commercial storage needs for local hospitality and recreational vendors.
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Massive Traffic Exposure: Combined daily traffic counts across the two locations exceed 40,000 vehicles, providing unparalleled passive drive-by marketing to a highly dense residential surrounding audience.
Prime Investment Highlights
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Unmatched Financing: Secure long-term predictability with a rare Assumable Loan at 5% Interest-Only.
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Exceptional Daily Traffic: Combined exposure of over 40,000 VPD across two prominent local corridors ensures constant tenant lead generation.
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Value-Add Upside: Perfect for investors looking to optimize operational efficiencies, implement remote management technology, or adjust rental rates to market standards to instantly capture forced appreciation.
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Thriving Infrastructure: Located in a pro-business Florida market characterized by continuous residential construction and expanding municipal infrastructure.
Quick Glance
- Listing ID:
CL-Florida-27780
- Status:
Active
- Year Build:
1978
- Building Size:
43,600 SqFt
- Lot Size:
N/A