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Corner Commercial Development Site
For Sale
$3,400,000

219 North Alf Coleman Road, Panama City Beach, FL 32407

Signalized corner site in Panama City Beach zoned Commercial High Intensity, with approximately 369 feet of frontage.

Property Size952,657 SF
Lot Size2.12 Acres
Price / SF$3.57
Days on Market686

Property Features for 219 North Alf Coleman Road

General Information

Standard status Active
Size 952,657 SF
Lot size 2.12 Acres
Property subtype Land / Vacant Land
Zoning City, Commercial

Additional Details

Traffic Count 52,000 vehicles/day

Taxes and HOA fees

Annual Taxes $3,549

Amenities

0.0
Listing Agency: Counts Real Estate Group Inc
Listed By: Chris S McCall · License #0666647
Source: Compass
Added: Oct 22, 2024 Changed: Aug 8 Last Checked: Jul 22 at 11:54PM

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 land offering features a northwest corner location at the intersection of Panama City Beach Parkway and Alf Coleman Road. The site is approximately +/-2.116 acres, measuring about 369 feet of frontage by 270 feet deep, with measurements subject to confirmation upon receipt of the survey. A new ALTA survey is attached, and Woodlawn Church will retain a sign easement on the property for its existing sign.

The property is positioned at a signalized intersection and has an average daily traffic count of 52,000. It is described as the best available corner location in Panama City Beach and Bay County, with a new access road to retailers to the west including Panera Bread, McDonald’s, Take 5, and All-In Credit Union.

Zoned Commercial High Intensity (CH) within the City limits of Panama City Beach, the site is currently available for purchase and was recently returned to the market after a tenant backed out of a lease two days prior to closing due to a preference to purchase.

Key Highlights

  • Approximately 2.116‑acre corner site at the northwest corner of Panama City Beach Parkway and Alf Coleman Road
  • Signalized intersection corner location in Panama City Beach
  • Zoned Commercial High Intensity (CH) within City limits of Panama City Beach

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Auto Parts Store HVAC Service Auto Repair Shop Parking Lot & Garage 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.

Lease Details

52,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

514
Businesses Nearby

Demographics for 32407, FL

14,366
Population
12,163
Households
1.2
Avg Household Size
41
Median Age
40%
College-Educated
96%
High-School Grad
14.9 sq mi
ZIP Area
964
Density / Sq Mi
$79,052
Median Household Income
$44,027
Median Earnings
$1,792
Median Rent
$403,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Signalized corner site in Panama City Beach zoned Commercial High Intensity, with approximately 369 feet of frontage.
Where is this commercial land located?
The property is located at 219 North Alf Coleman Road Panama City Beach, FL.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: Approximately 2.116‑acre corner site at the northwest corner of Panama City Beach Parkway and Alf Coleman Road; Signalized intersection corner location in Panama City Beach; Zoned Commercial High Intensity (CH) within City limits of Panama City Beach
More about this property
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