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    98 E Business Hwy Panama City, FL 32404

    For Sale
    $50,000

    COMMERCIAL - Panama City, FL

    Lot size:
    0.24 Acres
    Days on Market:
    144
    Last Refresh:
    Dec 14 at 6:06 am

    Property Features for 98 E Business Hwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    25724-000-000
    Lot size
    0.24 Acres

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

    Listing agent Ronald S Shover (850) 872-3434 License #SL3354316

    Listing date Jul 24, 2025

    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

    Commercial Lot Panama City, FL

    This commercial lot is located on E. Business 98 in Panama City, FL. The property is zoned MU-1 and has approximately 225 feet of frontage. The lot size is 0.24 acres. According to 2023 data, the traffic count is 8600. The property may be suitable for a small coffee shop; specific use restrictions should be verified with the City of Parker.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Panama City
    County
    Walton
    State
    Florida
    Longitude
    -85.611626
    Latitude
    30.130911

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    FAQs

    What type of property is this?
    Commercial land - Commercial lot on E. Business 98, perfect for coffee shop.
    Where is this commercial land located?
    The property is located at 98 E Business Hwy Panama City, FL.
    What is the asking price?
    The asking price for this property is $50,000.
    What are key features of this property?
    This property features: - High Traffic Count: 8600 (2023 Data) indicates significant visibility.; - MU-1 Zoning: Suitable for a variety of commercial uses.; - Prime Location: On E. Business 98, a desirable commercial corridor.
    (850) 872-3434
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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
    98 E Business Hwy Panama City, FL 32404
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