Commercial Land with Development
For Sale
$230,000
2367 N Sherman Avenue, Panama City, FL 32405
Land, Panama City, FL
Property SizeContact for details
Lot Size1.02 Acres
Days on Market550
Property Features for 2367 N Sherman Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial, General Commercial
Subdivision
[No Recorded Subdiv]
Directions
From 231, head South on East Avenue. In a half-mile, turn right onto Sherman Ave. In about 100 yards, the property is on the right. First parcel after the Buffalo Rock Entrance. *NOTE: Two addresses exist for 2367 Sherman Ave. Subject property is the one with frontage on Sherman Ave. Access via the Next driveway after Buffalo Rock Entrance
Standard status
Active
APN
12696-000-010
Lot size
1.02 Acres
Taxes and HOA fees
Tax Description
HIGHLAND CITY COMM AT SE COR LOT 11 BLK 32 TH E 1052.81', N 107.33', S87E 454.31' FOR POB TH S87E 70.59' N28E 137.56', S61E 127.32' TO W ROW LI OF SHERMAN AVE TH SW ALG W ROW LI OF SHERMAN AVE 285.77', TH W 112.65', THENCE W 193.66' TO POB ORB 4681 P 81
Legal Description
HIGHLAND CITY COMM AT SE COR LOT 11 BLK 32 TH E 1052.81', N 107.33', S87E 454.31' FOR POB TH S87E 70.59' N28E 137.56', S61E 127.32' TO W ROW LI OF SHERMAN AVE TH SW ALG W ROW LI OF SHERMAN AVE 285.77', TH W 112.65', THENCE W 193.66' TO POB ORB 4681 P 81
Listing Agency:
Think Real Estate
(850) 270-4200
Listed By:
Justin Raley · License #SL3503448
(850) 209-7505
Added: Mar 11, 2025
Changed: Sep 5
Last Checked: Sep 11 at 4:06AM
MLS# 770270
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This 1.02-acre commercial land parcel at 2367 N Sherman Avenue is partially cleared and designated C3-A Commercial. The site has approximately 285 feet of frontage on Sherman Ave and is outside flood zones and wetlands. No construction has started.
A development order is under review with Bay County for a proposed 5,400 SF warehouse and office project with parking. Supporting materials include site, grading, utility, stormwater management, erosion control, landscape, and construction plans. The engineering and construction plan package may convey to a buyer with an offer and is available upon request. The proposed plan is optional, and the commercially zoned property may accommodate uses beyond the project currently under review.
A development order is under review with Bay County for a proposed 5,400 SF warehouse and office project with parking. Supporting materials include site, grading, utility, stormwater management, erosion control, landscape, and construction plans. The engineering and construction plan package may convey to a buyer with an offer and is available upon request. The proposed plan is optional, and the commercially zoned property may accommodate uses beyond the project currently under review.
Key Highlights
- 1.02‑acre commercial land parcel
- Approximately 285+/- feet of frontage on Sherman Ave
- C3‑A Commercial zoning
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
218
Businesses Nearby
Explore this area
Business Placement
Demographics for 32405, FL
28,158
Population
13,585
Households
2.1
Avg Household Size
40
Median Age
29%
College-Educated
92%
High-School Grad
18.8 sq mi
ZIP Area
1,498
Density / Sq Mi
$71,002
Median Household Income
$41,867
Median Earnings
$1,418
Median Rent
$255,100
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - C3-A-zoned commercial land with partial clearing and a development order under review.
Where is this commercial land located?
The property is located at 2367 N Sherman Avenue Panama City, FL.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: 1.02‑acre commercial land parcel; Approximately 285+/- feet of frontage on Sherman Ave; C3‑A Commercial zoning
