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    2328 Transmitter Rd Panama City, FL 32404

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    For Sale
    $375,000

    Corner parcel ideal for commercial or mixed-use development in Panama

    Lot size:
    6.28 Acres

    Property Features for 2328 Transmitter Rd

    General Information

    Standard status
    Active
    Lot size
    6.28 Acres

    Source: LEGACY PREMIER AGENCY Agent RAUL HERNANDEZ

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

    Overview

    6.28 Acres Corner Parcel

    This 6.281-acre corner parcel presents a development opportunity for commercial or mixed-use projects. The property is located 1.5 miles from both Highway 231 and U.S. Highway 98, situated at the intersection of Transmitter Road and Brentwood Place. It features approximately 400 feet of frontage along Transmitter Road. All utilities are available. The zoning includes General Commercial (GC) for the 400 feet of frontage (approximately 150 feet deep) and Mixed Use (MU) for the remaining interior acreage. The land has been surveyed and divided into two parcels: Parcel 1 consists of 1.603 acres, and Parcel 2 comprises 4.678 acres. The parcels can be sold individually or together.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Hair Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness Wholesale Shop Auto Parts 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
    -85.6072129
    Latitude
    30.1908257

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    FAQs

    What type of property is this?
    Commercial land - Corner parcel ideal for commercial or mixed-use development in Panama
    Where is this commercial land located?
    The property is located at 2328 Transmitter Rd Panama City, FL.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: - Prime 6.281-acre corner parcel ideal for commercial or mixed-use development.; - Excellent location: 1.5 miles from Highway 231 and U.S. Highway 98.; - Zoned for both General Commercial (GC) and Mixed Use (MU) offering versatile development options.
    (850) 468-2100
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    2328 Transmitter Rd 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
    2328 Transmitter Rd Panama City, FL 32404
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