Listing Agency: Think Real Estate z***@gmail.com Show Phone

Listed By: Jamie A Kitzmiller · License #SL3465582 Show Phone

Added: Apr 10 Changed: Aug 4 Last Checked: Aug 25 at 5:06PM

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MLS# 788190

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 0.77-acre commercial land is located in Panama City, Florida. Zoned for General Commercial use, the property benefits from a high daily traffic count of 43,500. The site was previously improved but has since been demolished, offering a blank slate for development. According to Panama City Engineering, no retention pond is required due to existing pavement grandfathering the property.

Key Highlights

• Prime location with high daily traffic count (43,500).
• Excellent development opportunity.
• Zoned General Commercial.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Building Supply Garden Center Grocery & Convenience Store Big Box & Wholesale Store Cafe & Coffee Shop Hair Salon

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

305

Businesses Nearby

Explore this area Business Placement

Demographics for 32401, FL

20,487

Population

10,239

Households

2

Avg Household Size

42

Median Age

20%

College-Educated

86%

High-School Grad

12.5 sq mi

ZIP Area

1,639

Density / Sq Mi

$49,901

Median Household Income

$35,885

Median Earnings

$1,194

Median Rent

$207,000

Median Home Value

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Commercial land - Prime commercial land with high traffic count in Panama City.

Where is this commercial land located?

The property is located at 4127 W Highway 98 Panama City, FL.

What is the asking price?

The asking price for this property is $1,294,000.

What are key features of this property?

This property features: Prime location with high daily traffic count (43,500).; Excellent development opportunity.; Zoned General Commercial.