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Commercial Land with C3-A Zoning
For Sale
$230,000

2367 N Sherman Avenue, Panama City, FL 32405

COMMERCIAL - Panama City, FL

Property SizeContact for details
Lot Size1.02 Acres
Days on Market531

Property Features for 2367 N Sherman Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial, General Commercial
Subdivision [No Recorded Subdiv]
Directions From 231, head South on East Avenue. In a half-mile, turn right onto Sherman Ave. In about 100 yards, the property is on the right. First parcel after the Buffalo Rock Entrance. *NOTE: Two addresses exist for 2367 Sherman Ave. Subject property is the one with frontage on Sherman Ave. Access via the Next driveway after Buffalo Rock Entrance
Standard status Active
APN 12696-000-010
Lot size 1.02 Acres

Taxes and HOA fees

Tax Description HIGHLAND CITY COMM AT SE COR LOT 11 BLK 32 TH E 1052.81', N 107.33', S87E 454.31' FOR POB TH S87E 70.59' N28E 137.56', S61E 127.32' TO W ROW LI OF SHERMAN AVE TH SW ALG W ROW LI OF SHERMAN AVE 285.77', TH W 112.65', THENCE W 193.66' TO POB ORB 4681 P 81
Legal Description HIGHLAND CITY COMM AT SE COR LOT 11 BLK 32 TH E 1052.81', N 107.33', S87E 454.31' FOR POB TH S87E 70.59' N28E 137.56', S61E 127.32' TO W ROW LI OF SHERMAN AVE TH SW ALG W ROW LI OF SHERMAN AVE 285.77', TH W 112.65', THENCE W 193.66' TO POB ORB 4681 P 81
Listing Agency: Think Real Estate
Listed By: Justin Raley · License #SL3503448
Added: Mar 11, 2025 Changed: Aug 4 Last Checked: Aug 23 at 5:06AM
MLS# 770270

Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1.02-acre commercial land parcel at 2367 N Sherman Avenue is partially cleared and identified as outside flood and wetland areas. The property carries C3-A Commercial zoning and is positioned for multiple commercial uses. No construction has begun on the site.

A development order is under review with Bay County for a proposed 5,400 SF warehouse and office project with associated parking. Existing planning materials include site, grading, utility, stormwater management, erosion control, landscape, and construction plans. The planning and engineering package is optional and may convey to a buyer with an offer. Frontage along Sherman Ave measures 285+/- ft.

Key Highlights

  • 1.02‑acre commercial land parcel
  • 285+/- ft of frontage on Sherman Ave
  • C3‑A Commercial zoning

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Hair Salon Spa & Massage Center Pharmacy

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

218
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Partially cleared parcel outside flood and wetland areas, with a commercial development plan under review.
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: 1.02‑acre commercial land parcel; 285+/- ft of frontage on Sherman Ave; C3‑A Commercial zoning
More about this property
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