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    1904 Lisenby Ave Panama City, FL 32405

    Source: https://www.saltercompany.com
    For Lease
    $5,417 /Mo ($0.64 SF/Yr)

    2.34 Acres, Mixed-Use Zoning, High Traffic

    Lot size:
    101,930 SF

    Description

    Added:
    Mar 24, 2025
    Days on Market:
    259
    This exceptional 2.34-acre commercial lot in Panama City, Florida, presents a unique investment opportunity. Located at 1904 Lisenby Ave, 32405, this corner parcel boasts high visibility and accessibility, with direct access to Lisenby Avenue, experiencing a significant average annual daily traffic count of 7,300 vehicles. The property is zoned for Mixed Use – 3 and General Commercial – 2, allowing for a diverse range of uses including professional offices, educational facilities, and various commercial ventures. Water and sewer access are readily available via W 19th St. Situated near the heart of Panama City's retail trade area, this location offers unparalleled exposure and convenience. The lot offers 101,930 square feet of usable space. The property is available for sale at $699,000 or lease at a flat annual rate of $65,000 NNN. This is an exceptional opportunity to establish a thriving business in a high-demand location. Don't miss out on this prime commercial real estate offering.

    Property Features for 1904 Lisenby Ave

    General Information

    Property type
    Other land
    Lease Type
    NNN
    RSF (Rentable sq. ft)
    101,930 SF
    USF (Usable sq. ft)
    101,930 SF
    Elevators
    N/A
    Total Rate
    5417

    HighLights

    • 2.34‑acre corner lot in Panama City, FL, ideal for mixed‑use development.
    • Zoned for professional offices, education, and commercial uses.
    • High traffic location (7,300 AADT) with water & sewer access; $65,000 annual rent or $699,000 sale price.
    Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    State
    Florida
    Longitude
    -85.683045
    Latitude
    30.183054

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    FAQs

    What type of property is this?
    Land - 2.34 Acres, Mixed-Use Zoning, High Traffic
    Where is this land located?
    The property is located at 1904 Lisenby Ave Panama City, FL.
    What is the lease rate?
    The lease rate is $0.64 SF/Yr.
    What are key features of this property?
    This property features: 2.34-acre corner lot in Panama City, FL, ideal for mixed-use development.; Zoned for professional offices, education, and commercial uses.; High traffic location (7,300 AADT) with water & sewer access; $65,000 annual rent or $699,000 sale price.
    (850) 434-3434
    Request Owner's contact information
    1904 Lisenby Ave Panama City, FL 32405
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    Panama City, FL 32405
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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
    1904 Lisenby Ave Panama City, FL 32405
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