Commercial Land with Existing
For Sale
$299,000
4841 E Highway 98, Panama City, FL 32404
Improved commercial land with two existing buildings and extensive concrete parking.
Property Size4,440 SF
Price / SF$67.34
Days on Market11
Property Features for 4841 E Highway 98
General Information
Standard status
Active
Size
4,440 SF
Property subtype
Commercial
Amenities
Metal Roof
Paved
Building Details
Year Built
1980
Listing Agency:
LEGACY PREMIER AGENCY
(850) 468-2100
Listed By:
JEREMY M DONALDSON
Source:
Corcoran
Added: Aug 15
Changed: Aug 24
Last Checked: Aug 25 at 9:07AM
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 LEGACY PREMIER AGENCY
Investment Insights
Based on property information with market context.
This approximately 0.65-acre commercial land property includes two existing buildings and substantial concrete parking. Improvements consist of a 2,340-square-foot vehicle service building and an approximately 2,100-square-foot structure identified by the Property Appraiser as vehicle sales/retail. The buildings were constructed in 1980 and may support interim commercial use while future redevelopment plans are evaluated.
The site fronts East Highway 98 in Panama City, with 175 feet along the commercial corridor. Its existing improvements, paved parking areas, and highway exposure provide a developed foundation for repositioning or redevelopment. Zoning, permitted uses, utilities, dimensions, and development potential should be verified with the appropriate governmental authorities.
The site fronts East Highway 98 in Panama City, with 175 feet along the commercial corridor. Its existing improvements, paved parking areas, and highway exposure provide a developed foundation for repositioning or redevelopment. Zoning, permitted uses, utilities, dimensions, and development potential should be verified with the appropriate governmental authorities.
Key Highlights
- Approximately 0.65 acres of commercial land
- 175 feet of frontage along East Highway 98
- 2,340‑square‑foot vehicle service building
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
296
Businesses Nearby
18k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 83%
Hotels & Casinos 17%
Circle K
Shops & Services
13,320 visits/mo
0.3 miles
Ramada Inn Panama City Florida
Hotels & Casinos
1,597 visits/mo
0.3 miles
Sunoco
Shops & Services
1,440 visits/mo
0.4 miles
Quality Inn & Suites
Hotels & Casinos
561 visits/mo
0.5 miles
Econo Lodge
Hotels & Casinos
490 visits/mo
0.3 miles
Demographics for 32404, FL
38,186
Population
18,053
Households
2.1
Avg Household Size
40
Median Age
21%
College-Educated
87%
High-School Grad
135.1 sq mi
ZIP Area
283
Density / Sq Mi
$72,208
Median Household Income
$38,701
Median Earnings
$1,355
Median Rent
$239,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Improved commercial land with two existing buildings and extensive concrete parking.
Where is this commercial land located?
The property is located at 4841 E Highway 98 Panama City, FL.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Approximately 0.65 acres of commercial land; 175 feet of frontage along East Highway 98; 2,340‑square‑foot vehicle service building
