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Highway Frontage Development Opportunity
For Sale
$900,000

00 Hwy 231, Panama City, FL 32404

80 acres near Port Panama City's Intermodal Distribution Center.

Property Size3,484,800 SF
Lot Size80.00 Acres
Price / SF$0.26
Days on Market812

Property Features for 00 Hwy 231

General Information

Standard status Active
Size 3,484,800 SF
Lot size 80.00 Acres
Property subtype Lots/Land
Listing Agency: Counts Real Estate Group Inc
Listed By: Christopher S McCall · License #666647
Source: Exitrealty
Added: Jun 22, 2024 Changed: Sep 10 Last Checked: Sep 10 at 6:16AM

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 property consists of approximately 80 acres with an estimated 3,700 feet of frontage on U.S. Highway 231. Currently zoned AG-1 in Bay County, the site is located approximately 1/2 mile north of the main entrance to Port Panama City's Intermodal Distribution Center (Commerce Boulevard). Subject to land use changes to industrial and incorporation into Panama City limits, the property is suitable for commercial or industrial development. Rail service is available. A new 250,000 sq. ft. FedEx distribution center is currently under construction nearby.

Key Highlights

  • Prime location: Adjacent to the Intermodal Distribution Center and only 1/2 mile from its main entrance.
  • High traffic frontage: Boasting +/- 3,700 feet fronting U.S. Highway 231.
  • Development potential: An ideal site for commercial or industrial use, with land use change and incorporation into Panama City limits possible.

Property Analytics

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Current Use

Specialty properties

Suggested Use

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

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

1,131
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
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Frequently Asked Questions

What type of property is this?
Specialty property - 80 acres near Port Panama City's Intermodal Distribution Center.
Where is this specialty property located?
The property is located at 00 Hwy 231 Panama City, FL.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Prime location: Adjacent to the Intermodal Distribution Center and only 1/2 mile from its main entrance.; High traffic frontage: Boasting +/- 3,700 feet fronting U.S. Highway 231.; Development potential: An ideal site for commercial or industrial use, with land use change and incorporation into Panama City limits possible.
More about this property
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