Commercial Land on Highway
3701 W Highway 98 Panama City, FL 32401
3701 W Highway 98, Panama City, FL, 32401
$550,000
For Sale
$550,000
Premier commercial land parcel on a high-traffic corridor.
Lot Size0.55 Acres
Days on Market166
Property Features for 3701 W Highway 98
General Information
- Standard status
- Active
- Lot size
- 0.55 Acres
- Property subtype
- Land or Vacant Lot
Listing agency
COUNTS REAL ESTATE GROUP INC
(850) 231-1483
Listed by
ANDY G GONSALVES · License #0409063
Source
Corcoran
Added: Feb 5 Updated: Jul 10 at 3:47PM Checked: Jul 21 at 4:56AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COUNTS REAL ESTATE GROUP INC
Investment Insights
Based on property information with market context.
This commercial land parcel is zoned C-2 General Commercial and is located on the 98 corridor, benefiting from strong traffic flow in all directions. Allowable uses for the property include business professional, retail, restaurants, and auto repairs, among others. The property is situated at the first red light after descending from the Hathaway Bridge. It is a high and dry parcel with good ingress and egress. The location is considered prime for a chain restaurant, with McDonald's and Dunkin' Donuts located directly across the highway. An adjoining parcel on the west side is also available for purchase, which would create a larger parcel. Together, the two parcels combine for over one acre, running from street to street, with over 260 feet of frontage on US Highway 98 and 130 feet of frontage on each side street.
Key Highlights
- Premier location on US Hwy 98 with high traffic count and excellent visibility.
- Zoned C‑2 General Commercial, allowing for a wide range of business uses.
- Owner financing available with 30% down, 10‑year term at 6.5% with a 3‑year balloon.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - Premier commercial land parcel on a high-traffic corridor.
Where is this commercial land located?
The property is located at 3701 W Highway 98 Panama City, FL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Premier location on US Hwy 98 with high traffic count and excellent visibility.; Zoned C‑2 General Commercial, allowing for a wide range of business uses.; Owner financing available with 30% down, 10‑year term at 6.5% with a 3‑year balloon.
