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    1436 David Ave Panama City, FL 32404

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    For Sale
    $385,000

    Commercial lot with high traffic and frontage on Highway 98.

    Property Features for 1436 David Ave

    General Information

    Standard status
    Active

    Source: ANCHOR REALTY FLORIDA Agent WILLIAM L MANSEY

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Lot on Highway 98

    This commercial lot is located on Highway 98 (15th Street) and features approximately 240 feet of frontage. The property encompasses 43,200 square feet, which is equivalent to 0.99 acres. Situated on a busy corridor, the location sees over 40,000 vehicles passing by daily. It is located across the street from the Bay Honda Dealership. The property is suitable for retail, business, or office use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Walton
    State
    Florida
    Longitude
    -85.6058629
    Latitude
    30.1744978

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    FAQs

    What type of property is this?
    Commercial land - Commercial lot with high traffic and frontage on Highway 98.
    Where is this commercial land located?
    The property is located at 1436 David Ave Panama City, FL.
    What is the asking price?
    The asking price for this property is $385,000.
    What are key features of this property?
    This property features: - Prime commercial lot on Hwy 98 (15th Str); - High traffic location: Over 40,000 vehicles pass per day; - Approximately 240' of frontage on Hwy 98
    Request Owner's contact information
    1436 David Ave Panama City, FL 32404
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    Panama City, FL 32404
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1436 David Ave Panama City, FL 32404
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