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Industrial Land in Panama City
For Sale
$400,000

1907 Sherman Avenue, Panama City, FL 32405

0.809-acre industrial-zoned property in central Panama City area.

Property Size780 SF
Lot Size0.81 Acres
Price / SF$512.82
Days on Market139

Property Features for 1907 Sherman Avenue

General Information

Standard status Active
Size 780 SF
Lot size 0.81 Acres
Property subtype Commercial

Building Details

Year Built 1964
Listing Agency: MARCUS TYSON & ASSOCIATES
Listed By: AARON R SLATE
Source: Corcoran
Added: Mar 19 Changed: Jul 6 Last Checked: Aug 4 at 6:37AM

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 MARCUS TYSON & ASSOCIATES

Investment Insights

Based on property information with market context.

This 0.809-acre industrial-zoned property is located in Bay County, within the central Panama City area, near Sherman Ave, ensuring visibility and accessibility. The site includes a 780 square foot block building, offering a foundation for conversion into an office environment or other design applications. The exterior grounds provide space for future construction and development. An open pole barn is located directly behind the main building, suitable for storage or as a dedicated workspace.

Key Highlights

  • Prime location in central Panama City, Bay County
  • Zoned for industrial use
  • High visibility and accessibility near Sherman Ave

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Pharmacy Spa & Massage Center Grocery & Convenience 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

274
Businesses Nearby

Demographics for 32405, FL

28,158
Population
13,585
Households
2.1
Avg Household Size
40
Median Age
29%
College-Educated
92%
High-School Grad
18.8 sq mi
ZIP Area
1,498
Density / Sq Mi
$71,002
Median Household Income
$41,867
Median Earnings
$1,418
Median Rent
$255,100
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - 0.809-acre industrial-zoned property in central Panama City area.
Where is this industrial land located?
The property is located at 1907 Sherman Avenue Panama City, FL.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Prime location in central Panama City, Bay County; Zoned for industrial use; High visibility and accessibility near Sherman Ave
More about this property
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