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Cleared Corner Commercial Land
For Sale
$114,000

425 Maine Avenue, Panama City, FL 32401

Cleared corner parcel with two-road access and commercial zoning near Watson Bayou.

Property SizeContact for details
Days on Market400

Property Features for 425 Maine Avenue

General Information

Standard status Active
Property subtype Commercial Lots & Land
Zoning Commercial
Listing Agency: Keller Williams Realty Emerald
Listed By: Mike S Herring · License #3256219
Source: Fullsailnwfl
Added: Jul 3, 2025 Changed: Aug 4 Last Checked: Aug 5 at 2:17PM

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 Keller Williams Realty Emerald

Investment Insights

Based on property information with market context.

This cleared commercial land parcel occupies a corner position at 425 Maine Avenue in Panama City, Florida. The site carries Commercial zoning, with the property information also identifying the designation as General Commercial (GC-2). Its configuration provides access from two roads, supporting circulation and visibility for future development. The stated commercial use range includes retail, office, service-oriented businesses, and mixed-use projects.

The property is located in the Central Millville Business District near Watson Bayou and Downtown Panama City. Traffic volume is reported at 21,500 vehicles per day based on FDOT data from 2017. The combination of a cleared site, corner placement, dual access, and established commercial-district setting provides a straightforward development platform for a range of commercial applications.

Key Highlights

  • Cleared corner commercial land at 425 Maine Avenue
  • Commercial zoning with General Commercial (GC‑2) designation
  • Two road access points for site circulation

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Spa & Massage Center HVAC Service Auto Parts Store

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

279
Businesses Nearby

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

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Cleared corner parcel with two-road access and commercial zoning near Watson Bayou.
Where is this commercial land located?
The property is located at 425 Maine Avenue Panama City, FL.
What is the asking price?
The asking price for this property is $114,000.
What are key features of this property?
This property features: Cleared corner commercial land at 425 Maine Avenue; Commercial zoning with General Commercial (GC‑2) designation; Two road access points for site circulation
More about this property
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