2300 W 23rd St Panama City, FL 32405

Listing office ERA Neubauer Real Estate

Listing date Mar 29, 2022

Source Crexi

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Investment Insights

Based on property information with market context.

This 6.24-acre commercial land is located on the primary 23rd Street corridor in the rapidly growing Panama City-Bay County market. The site features 400 feet of frontage on W 23rd Street and 180 feet of frontage on Frankford. The daily traffic count is approximately 24,000 vehicles per day, according to FDOT. A portion of the property is currently zoned residential, and the site is located in Bay County, with the possibility of annexation to the city of Panama City. All utilities are available. The property is conveniently located 3.4 miles from Panama City Beach, 2.2 miles from a major medical center, 4 miles from City Marina-Downtown, 2.3 miles from St Andrews Marina, and approximately 2 miles from Gulf Coast College and Florida State University Panama Campus. Nearby businesses include Sam's Club, Bill Cramer Chevrolet, Buick, and GMC.

Key Highlights

• Prime 6.24 acre site on the primary 23rd Street corridor.
• Boasts 400 feet of frontage on W 23rd Street.
• High traffic count: approximately 24,000 vehicles per day.

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FAQs

What type of property is this?

Commercial land - 6.24 acre site on 23rd Street corridor.

Where is this commercial land located?

The property is located at 2300 W 23rd St Panama City, FL.

What is the asking price?

The asking price for this property is $3,900,000.

What are key features of this property?

This property features: Prime 6.24 acre site on the primary 23rd Street corridor.; Boasts 400 feet of frontage on W 23rd Street.; High traffic count: approximately 24,000 vehicles per day.