Panama City Development
For Sale
$230,000
2367 N Sherman Avenue, Panama City, FL 32405
Development-ready commercial land with frontage on Sherman Ave.
Property Size5,400 SF
Price / SF$42.59
Days on Market575
Property Features for 2367 N Sherman Avenue
General Information
Standard status
Active
Size
5,400 SF
Property subtype
Lots/Land
Listing Agency:
Think Real Estate
(850) 270-4200
Listed By:
Justin Raley · License #SL3503448
(850) 209-7505
Source:
Exitrealty
Added: Apr 2, 2025
Changed: Oct 25
Last Checked: Oct 5 at 4:24PM
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 Think Real Estate
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Investment Insights
Based on property information with market context.
This commercial land in Panama City, Florida, presents a development opportunity. The property features over 285 feet of frontage on Sherman Avenue. It is high and dry, with no flood zone or wetlands present, and is partially cleared. A construction and engineering plan is already in place, with a development order currently under review for a 5,400 square foot warehouse/office with office and parking. The commercially zoned property is suitable for multiple commercial uses beyond the described plan. It is zoned C3-A Commercial. The construction plan, which includes a site plan, grading plan, utility plan, stormwater management plan, erosion control, landscape plan, and construction details, is available upon request. The engineering and construction plan is optional but may convey to the buyer with an offer. The development plan is currently under review with Bay County, and no construction has been started.
Key Highlights
- Development‑ready commercial land with 285+\/- ft of frontage on Sherman Ave.
- No flood zone or wetlands.
- Commercially zoned (C3‑A) suitable for multiple commercial uses.
Property Analytics
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Location Intelligence
Trade Area within ½ mile
218
Businesses Nearby
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Business Placement
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
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Frequently Asked Questions
What type of property is this?
Commercial land - Development-ready commercial land with frontage on Sherman Ave.
Where is this commercial land located?
The property is located at 2367 N Sherman Avenue Panama City, FL.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: Development‑ready commercial land with **285+\/- ft of frontage on Sherman Ave.**; No flood zone or wetlands.; Commercially zoned (C3‑A) suitable for multiple commercial uses.
