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    240 N Star Ave Panama City, FL 32404

    For Sale
    $250,000

    COMMERCIAL - Panama City, FL

    Lot size:
    0.95 Acres
    Days on Market:
    88
    Last Refresh:
    Dec 14 at 8:06 pm

    Property Features for 240 N Star Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    06549-000-000
    Lot size
    0.95 Acres

    EXP Realty LLC (888) 883-8509 [email protected]

    Listing agent Morgan Benton (850) 769-8326

    Listing date Sep 18, 2025

    MLS# 775861 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 Commercial Land Opportunity

    This commercial opportunity includes three parcels totaling 0.95 acres. The property has frontage on both Harvey Street and Walker Drive, offering ease of access and visibility. Located in a high-visibility area, the property experiences an average daily traffic count ranging from 5,000 to 10,000 vehicles. It is suited for a variety of commercial uses, including retail, office, service industry, or mixed-use development. The dual-street access offers flexibility for layout, customer flow, and ingress/egress. Utilities are available nearby. The property is zoned for commercial use; the buyer is responsible for verifying intended use with local zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Auto Parts Store Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Walton
    State
    Florida
    Longitude
    -85.565537
    Latitude
    30.150479

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    FAQs

    What type of property is this?
    Commercial land - Commercial land totaling .95 acres in high-traffic area.
    Where is this commercial land located?
    The property is located at 240 N Star Ave Panama City, FL.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - .95 Acres of Commercial Land in High-Traffic Area; - Frontage on Both Harvey Street and Walker Drive; - **High Visibility** with 5,000-10,000 Average Daily Traffic Count
    (850) 769-8326
    Request Owner's contact information
    240 N Star Ave 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.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    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
    240 N Star Ave Panama City, FL 32404
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