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    22 Hwy 2297 & Hwy Panama City, FL 32404

    For Sale
    $2,100,000

    COMMERCIAL - Panama City, FL

    Lot size:
    76.70 Acres
    Days on Market:
    8
    Last Refresh:
    Dec 9 at 10:06 am

    Property Features for 22 Hwy 2297 & Hwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    06648-000-000
    Lot size
    76.70 Acres

    Building Details

    Additional Structures
    Barn(s)

    Neubauer Real Estate, Inc. ERA (850) 785-1551 [email protected]

    Listing agent Tom S Neubauer (850) 785-1581 License #0136841

    Listing date Dec 2, 2025

    MLS# 761228 Listing URL

    Copyright © 2025 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Land Parcel For Sale

    This 75.5 acre parcel of land is positioned for growth and suitable for residential and commercial development. The site includes approximately 1270 feet of frontage on Hwy 22 and 2590 feet of frontage on Hwy 2297 (subject to survey). The City of Callaway has installed utilities infrastructure along Hwy 22 and Hwy 2297. Included in the price is a single family home, plus a Bed & Breakfast retreat house, barn and other outbuildings, but are not considered as contributory to the highest and best use and property value. The subject parcel is at the gateway to Hwy 2297, which has been a steady growth corridor including the community of East Bay, just a few miles South on the shores of Cooks Bayou, Laird Bayou and East Bay, Sandy Creek Air Park with a 3300 Ft paved airsptrip, Sandy Creek Ranch, Pelican Point, Laird Point, Laird Bayou Estates and others. The Hwy 2297 corridor leads to the very active Eastern Shipbuilding Group east Bay manufacuturing facility. The property is located in Panama City, Florida.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Panama City
    County
    Walton
    State
    Florida
    Longitude
    -85.500576
    Latitude
    30.148785

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    FAQs

    What type of property is this?
    Land - 75.5 acre parcel suitable for residential/commercial development.
    Where is this land located?
    The property is located at 22 Hwy 2297 & Hwy Panama City, FL.
    What is the asking price?
    The asking price for this property is $2,100,000.
    What are key features of this property?
    This property features: - Prime location in the path of growth, suitable for residential or commercial development.; - Approximately 1270 feet of frontage on Hwy 22 and 2590 feet of frontage on Hwy 2297.; - Utilities infrastructure installed along Hwy 22 and Hwy 2297 by the City of Callaway.
    (850) 785-1581
    Request Owner's contact information
    22 Hwy 2297 & Hwy Panama City, FL 32404
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    Panama City, FL 32404
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

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    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    22 Hwy 2297 & Hwy Panama City, FL 32404
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