
Callaway Development Site
918 North Tyndall Parkway, Panama City, FL, 32404, US
33.8 英畝
JLL has been exclusively retained to market for sale the fee simple interest in Perimeter Park West III, a ±12-acre, shovel-ready industrial site in the high-growth Lake County submarket of Orlando, FL.
The site offers premier connectivity—just 5 minutes from Florida's Turnpike and 12 minutes from SR-429—with unparalleled regional access. Located within established Perimeter Park, Phase I and II are 96% leased, demonstrating strong tenant demand in Lake County's only new-construction light industrial development.
Perimeter Park West III allows development of three shallow-bay facilities totaling ±165,054 square feet with 24'-28' clear heights, 45 dock-high doors, and flexible configurations from 11,000 SF – 18,000 SF. This meets strong market demand, with 82% of deals last year below 20,000 SF.
The offering represents an outstanding opportunity in one of the nation's most dynamic industrial markets. Investors can capitalize on projected rental growth of 28% over the next 5 years and surging institutional demand for shallow bay product in a submarket with nearly 500K SF of positive net absorption last year.


