Prime Development Land
For Sale
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00 Hwy 22 & Hwy 2297, Panama City, FL 32404
75.5-acre parcel ideal for residential or commercial development.
Property Size217,800 SF
Lot Size75.50 Acres
Price / SF$9.64
Days on Market1141
Property Features for 00 Hwy 22 & Hwy 2297
General Information
Standard status
Active
Size
217,800 SF
Lot size
75.50 Acres
Property subtype
Land
Zoning
AG
Listing Agency:
ERA Neubauer Real Estate
(850) 522-7450
Listed By:
Tom Neubauer · License #B136841
Source:
Crexi
Added: Jun 27, 2023
Changed: Aug 8
Last Checked: Aug 8 at 4:05AM
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 ERA Neubauer Real Estate
Investment Insights
Based on property information with market context.
This 75.5-acre parcel is located at the junction of Hwy 2297 and Hwy 22, approximately 3 miles east of the City of Callaway. The site benefits from 1270 feet of frontage on Hwy 22 and 2590 feet of frontage on Hwy 2297, making it suitable for both residential and commercial development. The City of Callaway has installed sewer and water utilities infrastructure on the property. Included in the purchase is a single-family home, a historic homestead previously used as a Bed & Breakfast, and outbuildings; however, these structures are not considered contributory to the highest and best use and property value. The property is located in a growing corridor near subdivisions such as Sandy Creek Ranch, East Bay, Pelican Point, and Laird Bayou Estates. The proposed Gulf Coast Parkway project by the Florida Department of Transportation (FDOT) will eventually allow for direct access between Mexico Beach, Florida and Hwy 22 and Hwy 231.
Key Highlights
- 75.5 acre parcel suitable for residential or commercial development.
- Excellent Frontage: 1270 feet on Hwy 22 and 2590 feet on Hwy 2297.
- City of Callaway sewer and water utilities infrastructure available.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Land - 75.5-acre parcel ideal for residential or commercial development.
Where is this land located?
The property is located at 00 Hwy 22 & Hwy 2297 Panama City, FL.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 75.5 acre parcel suitable for residential or commercial development.; Excellent Frontage: 1270 feet on Hwy 22 and 2590 feet on Hwy 2297.; City of Callaway sewer and water utilities infrastructure available.
