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Highway Frontage Land For Sale
For Sale
$900,000

000 Hwy 231, Panama City, FL 32404

80 acres of land with highway frontage near distribution center.

Property SizeContact for details
Lot Size80.00 Acres
Days on Market1206

Property Features for 000 Hwy 231

General Information

Standard status Active
Lot size 80.00 Acres
Property subtype Land or Vacant Lot
Listing Agency: COUNTS REAL ESTATE GROUP INC
Listed By: CHRIS S MCCALL · License #0666647
Source: Corcoran
Added: Apr 17, 2023 Changed: Jul 10 Last Checked: Aug 3 at 8:29AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COUNTS REAL ESTATE GROUP INC

Investment Insights

Based on property information with market context.

This property consists of approximately 80 acres with an estimated 3,700 feet of frontage on U.S. Highway 231, featuring a median-cut on the north end. Currently zoned AG-1, the land is situated in Bay County, just a half-mile north of the main entrance to Port Panama City's Intermodal Distribution Center on Commerce Boulevard. With a land use change to industrial and incorporation into Panama City limits, the property is suitable for commercial or industrial development, especially given its location adjacent to the Intermodal Distribution Center. Rail service is available. A new 250,000 sq. ft. FedEx distribution center is currently under construction nearby.

Key Highlights

  • Approximately 80 acres.
  • Adjacent to the Intermodal Distribution Center and the new FedEx distribution center.
  • Approximately 3,700 feet of frontage on U.S. Highway 231 with a median‑cut.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Parking Lot & Garage Gym & Fitness Center Catering Service Garden Center Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,131
Businesses Nearby

Demographics for 32404, FL

38,186
Population
18,053
Households
2.1
Avg Household Size
40
Median Age
21%
College-Educated
87%
High-School Grad
135.1 sq mi
ZIP Area
283
Density / Sq Mi
$72,208
Median Household Income
$38,701
Median Earnings
$1,355
Median Rent
$239,700
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - 80 acres of land with highway frontage near distribution center.
Where is this commercial land located?
The property is located at 000 Hwy 231 Panama City, FL.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Approximately 80 acres.; Adjacent to the Intermodal Distribution Center and the new FedEx distribution center.; Approximately 3,700 feet of frontage on U.S. Highway 231 with a median‑cut.
More about this property
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