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    3500 A St Panama City, FL 32404

    For Sale
    $600,000

    6-Acre Lot, Highway 231 Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 6-acre vacant land parcel, totaling 279,002 square feet, presents a remarkable commercial investment opportunity in Panama City, Florida. Strategically located off Highway 231, this property boasts prime visibility and accessibility. Its C-3 zoning allows for a diverse range of commercial uses, including retail spaces, office buildings, industrial facilities, and warehouses. The expansive lot size offers significant flexibility for build-to-suit projects, catering to various business needs. Whether envisioning a retail center, corporate offices, distribution hub, or mixed-use development, this location provides unparalleled potential within a thriving commercial area. The asking price for this highly desirable property is $600,000. The property's address is 3500 A Street, Panama City, FL 32404, situated in Bay County. This is a rare chance to acquire a substantial commercial lot in a high-traffic area with excellent growth prospects. Don't miss this opportunity to establish your business in a dynamic commercial hub.

    Property Features for 3500 A St

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Bay
    State
    Florida
    Longitude
    -85.6027861
    Latitude
    30.2139077

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    FAQs

    What type of property is this?
    Land - 6-Acre Lot, Highway 231 Access
    Where is this land located?
    The property is located at 3500 A St Panama City, FL.
    What is the asking price?
    The asking price for this property is $600,000.
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    3500 A St Panama City, FL 32404
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    Panama City, FL 32404
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3500 A St Panama City, FL 32404
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