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General Commercial Development Land
For Sale
$359,500

2303 E 5th Street Panama, Panama City, FL 32401

General Commercial parcel with an approved development order for flexible automotive or warehouse/showroom construction.

Property Size7,200 SF
Days on Market194

Property Features for 2303 E 5th Street Panama

General Information

Standard status Active
Size 7,200 SF
Property subtype Big Box Retail

Building Details

Building Size 7,200 SF
Year Built 2026

Properties For Sale

at 2303 E 5th Street Panama Contact us

Entire Space

Size
7,200 SF
Lease Type
NNN
Contact us
Listing Agency: Clubbs Real Estate Group, LLC
Listed By: Christopher Clubbs
Source: Thebrokerlist
Added: Feb 18 Changed: Aug 29 Last Checked: Aug 29 at 6:38PM

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 Clubbs Real Estate Group, LLC

Investment Insights

Based on property information with market context.

This 1.14-acre commercial land parcel is zoned General Commercial and carries a development order for a 7,200-square-foot automotive service or warehouse/showroom space. The planned interior layout and finishes can be adapted to owner or tenant requirements, providing flexibility in the final buildout.

The property is identified within Panama City's Gateway district and is positioned 1.5 miles from Bay Medical Center and two miles from Downtown Panama City. It is also situated along the corridor connecting Downtown Panama City with Tyndall Air Force Base. The site is currently vacant, with development plans supporting a commercial building designed around automotive service, warehouse, or showroom use.

Key Highlights

  • 1.14‑acre commercial land parcel
  • 7,200 SF development order for automotive service or warehouse/showroom space
  • General Commercial zoning in Panama City's Gateway district

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Restaurant Pharmacy Auto Parts 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

309
Businesses Nearby
11k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 95% Dining 5%
Dollar General Shops & Services
4,953 visits/mo 0.1 miles
Family Dollar Shops & Services
2,949 visits/mo 0.1 miles
Exxon Shops & Services
2,250 visits/mo 0.4 miles
The Bistro Dining
560 visits/mo 0.3 miles
Safe Storage Shops & Services
494 visits/mo 0.5 miles

Demographics for 32401, FL

20,487
Population
10,239
Households
2
Avg Household Size
42
Median Age
20%
College-Educated
86%
High-School Grad
12.5 sq mi
ZIP Area
1,639
Density / Sq Mi
$49,901
Median Household Income
$35,885
Median Earnings
$1,194
Median Rent
$207,000
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
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Frequently Asked Questions

What type of property is this?
Commercial land - General Commercial parcel with an approved development order for flexible automotive or warehouse/showroom construction.
Where is this commercial land located?
The property is located at 2303 E 5th Street Panama Panama City, FL.
What is the asking price?
The asking price for this property is $359,500.
What are key features of this property?
This property features: 1.14‑acre commercial land parcel; 7,200 SF development order for automotive service or warehouse/showroom space; General Commercial zoning in Panama City's Gateway district
More about this property
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