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    1200 W 19Th St, Unit Panama City Panama City, FL 32405

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    For Sale
    $351,000

    1.65 acre commercial lot ready for development.

    Lot size:
    1.65 Acres

    Property Features for 1200 W 19Th St

    General Information

    Standard status
    Active
    Lot size
    1.65 Acres

    Source: COUNTS REAL ESTATE GROUP INC Agent ANDY G GONSALVES

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

    Overview

    Commercial Land Development Opportunity

    This 1.65-acre commercial lot, identified as Lot #4, presents a development opportunity. Zoned GC-2, the property features 150 feet of road frontage on West 19th Street and extends 480 feet in depth. An Environmental Resource Permit (FDEP No. 0278696-010-EM/03) has been issued, indicating the completion of Stormwater Engineering and Wetland Delineation, making the site design-ready. This lot is part of a larger 9-acre parcel and can be subdivided from five lots. The zoning and location are suitable for various uses, including medical or professional offices, service providers needing a lay-down yard, or retail businesses requiring storefront and warehouse space. Drawings are available illustrating the entire parcel and potential subdivisions, noting designated impact envelop and conservation areas.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Walton
    State
    Florida
    Longitude
    -85.679704
    Latitude
    30.183073

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    FAQs

    What type of property is this?
    Commercial land - 1.65 acre commercial lot ready for development.
    Where is this commercial land located?
    The property is located at 1200 W 19Th St, Unit Panama City Panama City, FL.
    What is the asking price?
    The asking price for this property is $351,000.
    What are key features of this property?
    This property features: - Premier commercial development opportunity with GC-2 zoning.; - Environmental Resource Permit issued (FDEP No. 0278696-010-EM/03), site is design ready.; - 1.65-acre lot with **150' road frontage on W 19th Street**.
    (850) 231-1483
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    1200 W 19Th St, Unit Panama City 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
    1200 W 19Th St, Unit Panama City Panama City, FL 32405
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