Listing Agency: ERA NEUBAUER REAL ESTATE INC t***@gmail.com Show Phone

Listed By: TOM S NEUBAUER · License #0136841

Source: Corcoran

Added: Mar 16, 2021 Changed: Jul 10 Last Checked: Jul 23 at 9:05AM

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Investment Insights

Based on property information with market context.

This commercial land parcel offers 12 acres with 273 feet of frontage on Highway 231 and 396 feet of frontage on Penny Road. The property is adjacent to the Morningside Subdivision and is located in close proximity to the Intermodel Distribution Center.

Key Highlights

• 12 acres of land
• 273 feet of frontage on Hwy 231
• 396 feet of frontage on Penny Road

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Auto Repair Shop Building Supply Parking Lot & Garage Pharmacy Big Box & Wholesale Store Plumbing Service

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

48

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Commercial land - 12 acres with highway frontage near Morningside Subdivision.

Where is this commercial land located?

The property is located at 7729 HWY 231 Panama City, FL.

What is the asking price?

The asking price for this property is $990,000.

What are key features of this property?

This property features: 12 acres of land; 273 feet of frontage on Hwy 231; 396 feet of frontage on Penny Road