High-Visibility Development
For Sale
$1,500,000
2822 Martin Luther King Jr Blvd Avenue, Panama City, FL 32405
COMMERCIAL - Panama City, FL
Property SizeContact for details
Lot Size3.40 Acres
Days on Market49
Property Features for 2822 Martin Luther King Jr Blvd Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
County
Subdivision
[No Recorded Subdiv]
Directions
On Highway 77
Standard status
Active
APN
12865-010-000
Lot size
3.40 Acres
Taxes and HOA fees
Tax Description
28 3S 14W -8.16- 104B ST AND BAY DEV CO PLAT LOT 45 LESS E 50' FOR RD R/W & LESS PCL -8.2- ORB 4729 P 1965
Legal Description
28 3S 14W -8.16- 104B ST AND BAY DEV CO PLAT LOT 45 LESS E 50' FOR RD R/W & LESS PCL -8.2- ORB 4729 P 1965
Listing Agency:
Think Real Estate
(850) 270-4200
Listed By:
The Sanchez Group
(850) 890-6262
Added: Jul 8
Changed: Aug 4
Last Checked: Aug 25 at 7:06PM
MLS# 792429
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 shovel-ready development site consists of approximately 3.4 acres with 220 feet of frontage on Highway 77, a major four-lane roadway. The parcel is positioned for efficient traffic flow with a median-cut entry directly off Highway 77 for visibility and customer convenience. In addition to the primary entry, there is secondary rear access from N MacArthur Ave that can support deliveries, overflow parking, or a secondary curb cut. Power, water, and sewer are listed as available.
The property is located in Panama City, FL at 2822 Martin Luther King Jr Blvd Avenue, Panama City, FL 32405. The Highway 77 corridor is described as carrying approximately 30,000 vehicles per day based on FDOT traffic count data. The site is also described as less than a mile from the area’s primary retail corridor, including national and regional retailers and anchors such as Target, Kohl’s, Planet Fitness, Home Depot, Lowe’s, Walmart, Publix, TJ Maxx, and Hobby Lobby.
For buyers and operators, this configuration supports a range of commercial uses, including retail, medical, restaurant, or mixed-use development, based on the stated intended development fit and the site’s road access features. The combination of strong frontage and two access points is designed to accommodate both primary customer traffic and back-of-house needs.
The property is located in Panama City, FL at 2822 Martin Luther King Jr Blvd Avenue, Panama City, FL 32405. The Highway 77 corridor is described as carrying approximately 30,000 vehicles per day based on FDOT traffic count data. The site is also described as less than a mile from the area’s primary retail corridor, including national and regional retailers and anchors such as Target, Kohl’s, Planet Fitness, Home Depot, Lowe’s, Walmart, Publix, TJ Maxx, and Hobby Lobby.
For buyers and operators, this configuration supports a range of commercial uses, including retail, medical, restaurant, or mixed-use development, based on the stated intended development fit and the site’s road access features. The combination of strong frontage and two access points is designed to accommodate both primary customer traffic and back-of-house needs.
Key Highlights
- 3.4‑acre development site with 220 ft of frontage on Highway 77
- Shovel‑ready parcel with median‑cut entry off Highway 77 and secondary rear access from N MacArthur Ave
- High‑traffic corridor: Highway 77 carries approximately 30,000 vehicles per day (per FDOT traffic count data)
Property Analytics
Property Profile
Current Use
Lease Details
30,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
501
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - A shovel-ready parcel with 220 feet of four-lane highway frontage and dual access points for flexible commercial development.
Where is this commercial land located?
The property is located at 2822 Martin Luther King Jr Blvd Avenue Panama City, FL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 3.4‑acre development site with 220 ft of frontage on Highway 77; Shovel‑ready parcel with median‑cut entry off Highway 77 and secondary rear access from N MacArthur Ave; High‑traffic corridor: Highway 77 carries approximately 30,000 vehicles per day (per FDOT traffic count data)
