Listing Agency: HREC Investment Advisors

Listed By: Renita Sommers · License #0225274620

Source: Crexi

Added: Apr 16 Changed: Aug 30 Last Checked: Aug 30 at 10:39AM

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Investment Insights

Based on property information with market context.

This commercial land parcel is designated GC1 and carries approval for hotel development. The property information also identifies retail uses as suitable for the site, providing flexibility for evaluating commercial development concepts.

The parcel is located at 2411 N Palo Alto Ave in Panama City, Florida 32405.

Key Highlights

• GC1 zoning
• Hotel use approved for the site
• Retail uses identified as suitable

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Grocery & Convenience Store Parking Lot & Garage (Bike/Boat/Book/etc) Store Locksmith HVAC Service

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

637

Businesses Nearby

Explore this area 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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Commercial land - Hotel development is approved, with retail use potential also identified for the site.

Where is this commercial land located?

The property is located at 2411 N Palo Alto Ave Panama City, FL.

What are key features of this property?

This property features: GC1 zoning; Hotel use approved for the site; Retail uses identified as suitable