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    Hwy Panacea, FL 32346

    Sponsored
    For Sale
    $30,000

    Prime Panacea location, highway frontage, build your business.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial lot presents a rare opportunity for entrepreneurs seeking a high-visibility location in the heart of Panacea, Florida. Boasting 70 feet of frontage on the bustling Coastal Highway, this 0.22-acre parcel offers unparalleled exposure to a steady stream of traffic. Its depth of approximately 160 feet provides ample space for the construction of a small commercial building, perfectly suited for a variety of businesses. The property's strategic location, just beyond the Dollar General, places it in the vibrant downtown area of Panacea, ensuring convenient access for customers and employees alike. This is an ideal site for a business seeking high visibility and easy accessibility in a thriving community. The lot's size and highway frontage make it an attractive investment for those looking to establish a new venture or expand an existing one. The asking price of $30,000 represents a significant value for a commercial property with such desirable characteristics in this sought-after location. Don't miss this chance to secure a prime piece of Panacea real estate. Act quickly, as opportunities like this are rare.

    Property Features for Hwy

    General Information

    Property type
    Other commercial real estate
    Lot Size
    9,583 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Panacea
    County
    Wakulla
    State
    Florida
    Longitude
    -84.3879
    Latitude
    29.9936

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Panacea location, highway frontage, build your business.
    Where is this commercial real estate located?
    The property is located at Hwy Panacea, FL.
    What is the asking price?
    The asking price for this property is $30,000.
    (850) 926-9100
    Request Owner's contact information
    Hwy Panacea, FL 32346
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    Panacea, FL 32346
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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
    Hwy Panacea, FL 32346
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