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    31 W Baldwin Rd Panama City, FL 32405

    For Sale
    $799,000

    Land with house suitable for commercial conversion or development.

    Lot size:
    2.34 Acres

    Property Features for 31 W Baldwin Rd

    General Information

    Standard status
    Active
    Lot size
    2.34 Acres

    Source: CENTRAL BAY REALTY AND PROPERTY MANAGEMENT LLC Agent ROY FURST

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land with Development Potential

    This property is located on a busy main road between Harrison Avenue and Jenks on Baldwin Road. Half of the property has been cleared. A well-maintained, large house with 6 bedrooms and 4 bathrooms is located on the property and conveys. The property is in a prime location and could be annexed into the city with zoning changed to commercial. The existing house would be perfect for a doctor's office or converted to something else. All information should be verified.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Forest Park Animal Hospital PA, Forest Park Animal Hospital PA: Baker Ashley DVM

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Walton
    State
    Florida
    Longitude
    -85.6596616
    Latitude
    30.203778

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    FAQs

    What type of property is this?
    Medical office - Land with house suitable for commercial conversion or development.
    Where is this medical office located?
    The property is located at 31 W Baldwin Rd Panama City, FL.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: - Prime location on Baldwin Rd between Harrison Ave and Jenks.; - Potential for commercial zoning change and annexation into the city.; - Well-maintained 6-bedroom, 4-bath large house included.
    (850) 257-5016
    Request Owner's contact information
    31 W Baldwin Rd Panama City, FL 32405
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    Panama City, FL 32405
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    31 W Baldwin Rd Panama City, FL 32405
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