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C-3 Commercial Land
For Sale
Contact for pricing
Pending

508 Thomas Drive, Panama City Beach, FL 32408

Divisible development site with established utilities and dedicated on-site parking.

Property SizeContact for details
Days on Market148

Property Features for 508 Thomas Drive

General Information

Standard status Pending
Property subtype Land
Listing Agency: Graham & Company Birmingham
Listed By: Kevin Williams · License #AL
Source: Crexi
Added: Apr 10 Changed: Sep 2 Last Checked: Sep 1 at 10:25PM

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 Graham & Company Birmingham

Investment Insights

Based on property information with market context.

This commercial land parcel at 508 Thomas Drive carries C-3 General Commercial zoning under Bay County regulations. The site is divisible and includes 14 dedicated parking spaces, with utilities already serving the property. Thomas Drive frontage extends 301 feet, supporting access and exposure for future commercial development.

Traffic is reported at 31,000 vehicles per day. The property sits south of the Highway 98 and Thomas Drive junction and directly opposite NSA, identified as one of Bay County’s largest employers. Its location, zoning, existing utility service, and divisible configuration provide a defined framework for commercial site planning.

Key Highlights

  • C‑3 (General Commercial) zoning by Bay County
  • 301' frontage on Thomas Drive
  • 31,000 VPD traffic count

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Dental Office 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

597
Businesses Nearby

Demographics for 32408, FL

17,479
Population
17,018
Households
1
Avg Household Size
48
Median Age
39%
College-Educated
96%
High-School Grad
8.6 sq mi
ZIP Area
2,032
Density / Sq Mi
$72,322
Median Household Income
$42,749
Median Earnings
$1,453
Median Rent
$352,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Divisible development site with established utilities and dedicated on-site parking.
Where is this commercial land located?
The property is located at 508 Thomas Drive Panama City Beach, FL.
What are key features of this property?
This property features: C‑3 (General Commercial) zoning by Bay County; 301' frontage on Thomas Drive; 31,000 VPD traffic count
(850) 348-0808 Call to check price and availability
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