High Traffic Corner
For Sale
$1,499,999
Pending
703 15th Street, Panama City, FL 32401
1.43 acre corner lot with existing tenant.
Property Size30,000 SF
Lot Size1.43 Acres
Days on Market702
Property Features for 703 15th Street
General Information
Standard status
Pending
Size
30,000 SF
Lot size
1.43 Acres
Property subtype
Commercial
Listing Agency:
NBI PROPERTIES INC
(850) 243-0007
Listed By:
CRAIG S BARRETT · License #3294646
Source:
Corcoran
Added: Sep 23, 2024
Changed: Aug 8
Last Checked: Aug 8 at 4:44AM
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 NBI PROPERTIES INC
Investment Insights
Based on property information with market context.
This 1.43-acre property is a high-traffic corner location. The site currently has a 30,000 square foot building occupied by a tenant until April 2026. The new owner will receive approximately $15,000 monthly in rent. Following the end of the lease, the State will remove the building within 60 days, leaving a clean pad site. The property benefits from access to Hwy 98 and Florida Place, a major intersection with a traffic signal.
Key Highlights
- High traffic corner location on 1.43 acres.
- Existing tenant provides approximately $15k monthly rental income until April 2026.
- Clean pad site after April 2026, following building removal by the State within 60 days.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,042
Businesses Nearby
Explore this area
Business Placement
Demographics for 32401, FL
20,487
Population
10,239
Households
2
Avg Household Size
42
Median Age
20%
College-Educated
86%
High-School Grad
12.5 sq mi
ZIP Area
1,639
Density / Sq Mi
$49,901
Median Household Income
$35,885
Median Earnings
$1,194
Median Rent
$207,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 1.43 acre corner lot with existing tenant.
Where is this commercial land located?
The property is located at 703 15th Street Panama City, FL.
What is the asking price?
The asking price for this property is $1,499,999.
What are key features of this property?
This property features: High traffic corner location on 1.43 acres.; Existing tenant provides approximately $15k monthly rental income until April 2026.; Clean pad site after April 2026, following building removal by the State within 60 days.
