Commercial Land with Highway
For Sale
$1,350,000
2822 Martin Luther King Jr Blvd Avenue, Panama City, FL 32405
Land, Panama City, FL
Property SizeContact for details
Lot Size2.90 Acres
Days on Market95
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
2.90 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: Oct 8
Last Checked: Oct 10 at 12:06AM
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 2.9-acre commercial parcel has 220 feet of frontage on Highway 77. A median-cut entry connects the site to the highway, while a second access point is available from N MacArthur Ave. Power, water and sewer are available. The property is presented as a development site.
Highway 77 is a four-lane route carrying approximately 30,000 vehicles per day, based on FDOT traffic count data. Panama City’s primary retail corridor is less than a mile away, with Target, Kohl’s, Planet Fitness, Home Depot, Lowe’s, Walmart, Publix, TJ Maxx and Hobby Lobby among the nearby retailers.
Highway 77 is a four-lane route carrying approximately 30,000 vehicles per day, based on FDOT traffic count data. Panama City’s primary retail corridor is less than a mile away, with Target, Kohl’s, Planet Fitness, Home Depot, Lowe’s, Walmart, Publix, TJ Maxx and Hobby Lobby among the nearby retailers.
Key Highlights
- 2.9‑acre commercial land parcel
- 220 feet of frontage on Highway 77
- Median‑cut access from Highway 77 and secondary access from N MacArthur Ave
Property Analytics
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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
51k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 70%
Dining 16%
Shops & Services 7%
Electronics 6%
Kohl's
Apparel
35,551 visits/mo
0.4 miles
Denny's
Dining
8,239 visits/mo
0.5 miles
AT&T
Electronics
3,125 visits/mo
0.3 miles
Carquest Auto Parts - Flynn Auto Parts
Shops & Services
1,854 visits/mo
0.3 miles
Wild Birds Unlimited
Shops & Services
1,239 visits/mo
0.5 miles
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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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Commercial land - Dual access from Highway 77 and N MacArthur Ave, with power, water and sewer available.
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 $1,350,000.
What are key features of this property?
This property features: 2.9‑acre commercial land parcel; 220 feet of frontage on Highway 77; Median‑cut access from Highway 77 and secondary access from N MacArthur Ave
