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Prime Commercial Corner Lot
For Sale
$150,000
Pending

230 W 15th Street, Panama City, FL 32405

Highly visible corner lot ideal for commercial development.

Property SizeContact for details
Lot Size0.58 Acres
Days on Market568

Property Features for 230 W 15th Street

General Information

Standard status Pending
Lot size 0.58 Acres
Property subtype Land or Vacant Lot
Listing Agency: COUNTS REAL ESTATE GROUP INC
Listed By: CARL E ALLEN · License #3168405
Source: Corcoran
Added: Feb 17, 2025 Changed: Aug 8 Last Checked: Jul 23 at 9:38AM

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 located at the corner of Oak Street and 15th Street, offering 177 feet of frontage on Oak Street. It has direct visibility from 15th Street, a high-traffic corridor in Panama City. The site is positioned at a strategic intersection, presenting an opportunity for commercial development, retail, office space, or investment. It is directly visible from 15th Street and situated on the new US 231 Flyover exit, ensuring exposure to local and through traffic. The corner location allows maximum accessibility with ingress and egress options on Oak St. 15th Street serves as a key commercial artery, with commuter and tourist traffic. The zoning allows for retail, office space, fast food, medical, or mixed-use development. The property is positioned in a growing commercial hub with easy access to Downtown Panama City, Callaway, and Lynn Haven, and is minutes from major retail centers, government offices, and business districts. It also has direct connectivity to US Highway 231. This site offers potential for single or multi-tenant commercial development, drive-thru businesses, professional services, or investment opportunities.

Key Highlights

  • Highway Visibility: Directly visible from 15th Street (SR 30A) and the new US 231 Flyover exit.
  • High Traffic Counts: Located on 15th Street, a key commercial area.
  • Corner Location: Maximum accessibility with multiple access points.

Property Analytics

Current Use

Dragon Fire Forge Fire Station

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Bakery Catering Service Parking Lot & Garage Carpet & Flooring Store Garden 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

1,142
Businesses Nearby

Demographics for 32405, FL

28,158
Population
13,585
Households
2.1
Avg Household Size
40
Median Age
29%
College-Educated
92%
High-School Grad
18.8 sq mi
ZIP Area
1,498
Density / Sq Mi
$71,002
Median Household Income
$41,867
Median Earnings
$1,418
Median Rent
$255,100
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
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Frequently Asked Questions

What type of property is this?
Commercial land - Highly visible corner lot ideal for commercial development.
Where is this commercial land located?
The property is located at 230 W 15th Street Panama City, FL.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Highway Visibility: Directly visible from 15th Street (SR 30A) and the new US 231 Flyover exit.; High Traffic Counts: Located on 15th Street, a key commercial area.; Corner Location: Maximum accessibility with multiple access points.
More about this property
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