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Gas Station and Retail Site
For Sale
Contact for pricing
Pending

9905 N Highway 231, Panama City, FL 32404

Property includes a former BP gas station with closed and capped wells, plus substantial retail and office space.

Property SizeContact for details
Days on Market140

Property Features for 9905 N Highway 231

General Information

Standard status Pending
Property subtype Retail

Site & Location

Highway Access Yes
Road Access Yes
Listing Agency: Keller Williams Realty Emerald Coast
Listed By: Joel Jadofsky · License #3222816
Source: Crexi
Added: Apr 12 Changed: Aug 23 Last Checked: Aug 28 at 9:43PM

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 Keller Williams Realty Emerald Coast

Investment Insights

Based on property information with market context.

This for-sale commercial site was previously operated as a BP gas station. The wells are closed and capped, and the property is being offered with substantial retail and office space for a variety of commercial uses.

Located at 9905 N Highway 231 in Panama City, FL 32404, the site provides direct access from the driveway with north- and south-bound traffic access. Public remarks also note that a new subdivision is underway just up the street, which may help support future retail and office demand in the area.

The existing improvements and configuration support consideration as a retail location, truck stop, mobile home or RV sales lot, or gas station use, subject to applicable approvals and redevelopment requirements.

Key Highlights

  • Former BP gas station with closed and capped wells
  • Major highway frontage with North- and South‑bound access from the driveway
  • Suitable for a store, truck stop, mobile home sales, RV sales lot, or gas station (per remarks)

Property Analytics

Current Use

Gas stations

Suggested Use

Top Pick Building Supply Law Firm Grocery & Convenience Store Daycare 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.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

15
Businesses Nearby
5k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Marathon Petroleum Shops & Services
5,336 visits/mo 0.1 miles

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

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Gas station - Property includes a former BP gas station with closed and capped wells, plus substantial retail and office space.
Where is this gas station located?
The property is located at 9905 N Highway 231 Panama City, FL.
What are key features of this property?
This property features: Former BP gas station with closed and capped wells; Major highway frontage with North- and South‑bound access from the driveway; Suitable for a store, truck stop, mobile home sales, RV sales lot, or gas station (per remarks)
(850) 258-2470 Call to check price and availability
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