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    4417 Highway 231 N Panama City, FL 32404

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    For Sale
    $1,250,000

    Prime commercial land on Highway 231 in Panama City.

    Property size:
    186,053 SF
    Lot size:
    186.00 Acres

    Property Features for 4417 Highway 231 N

    General Information

    Size
    186,053 SF
    Lot size
    186.00 Acres

    Building Details

    Year built
    1958

    Source: Terry Koehn Agent Terry Koehn

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Highway 231 Commercial Land

    Located along Highway 231, 4417 Hwy 231 is positioned in a location suitable for various commercial ventures. Its placement on a major thoroughfare ensures high visibility and accessibility. The property is located on the northwestern side of Hwy 231, between Pipeline Road and the new Publix at Linsey Crossing, adjacent to the new car wash. The parcel ID is #05927-000-000. The property consists of approximately 4 acres with frontage on Hwy 231. The property is zoned C3A. It is in close proximity to Publix and Panama City Centre, Dollar General, Taco Bell, and the Port of Panama City Distribution Center. The average daily traffic count is 36,500.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Walton
    State
    Florida
    Longitude
    -85.5882577
    Latitude
    30.2276431

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    FAQs

    What type of property is this?
    Land - Prime commercial land on Highway 231 in Panama City.
    Where is this land located?
    The property is located at 4417 Highway 231 N Panama City, FL.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: - High-visibility location on Highway 231, a major thoroughfare.; - Zoned C3A, suitable for a variety of commercial uses.; - +/- 4 acres of vacant land with frontage on Hwy 231.
    (850) 851-8634
    Request Owner's contact information
    4417 Highway 231 N 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
    4417 Highway 231 N Panama City, FL 32404
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