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Commercial Land on Highway 22
For Sale
$625,000
Pending

5412 E Hwy 22, Panama City, FL 32404

2.68 acres of commercial land with high visibility.

Lot Size2.68 Acres
Days on Market783

Property Features for 5412 E Hwy 22

General Information

Standard status Pending
Lot size 2.68 Acres
Property subtype Land or Vacant Lot
Listing Agency: COUNTS REAL ESTATE GROUP INC
Listed By: CHRIS S MCCALL · License #0666647
Source: Corcoran
Added: Jun 10, 2024 Changed: Jul 6 Last Checked: Jul 23 at 7:31AM

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 commercial property is situated on 2.68 acres of land with high visibility and easy access. The location is at Highway 22 and 1,000 feet west of Tyndall Parkway (Highway 98). Zoned Commercial within the City limits of Callaway, the property benefits from a central location. Potential uses include warehouse, office, service retail, and hotel.

Key Highlights

  • Prime commercial property with high visibility on Highway 22, near Tyndall Parkway (Highway 98).
  • 2.68 acres of land.
  • Zoned Commercial within the City of Callaway.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Hair Salon Building Supply Spa & Massage Center

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

422
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 Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 2.68 acres of commercial land with high visibility.
Where is this commercial land located?
The property is located at 5412 E Hwy 22 Panama City, FL.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Prime commercial property with high visibility on Highway 22, near Tyndall Parkway (Highway 98).; 2.68 acres of land.; Zoned Commercial within the City of Callaway.
More about this property
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