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    000 Na Panama City, FL 32404

    For Sale
    $435,000

    1.9M SF Lot, $435K

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 1,894,860 square foot lot presents a unique investment opportunity in Panama City, Florida. Located at 000 NA, Panama City, FL 32404 (30.1973686, -85.4994192), this special purpose property offers significant potential for a variety of development projects. The expansive lot size provides ample space for large-scale ventures, catering to diverse needs and creative visions. The asking price of $435,000 represents a compelling entry point into the thriving Panama City real estate market. Situated in Bay County, this property benefits from its strategic location within the city, offering convenient access to major transportation routes and essential amenities. The property's zoning and permitted uses should be independently verified to ensure alignment with any intended development plans. Given its size and location, this property is ideally suited for developers seeking a substantial land parcel for a significant project. Serious inquiries are encouraged to explore the full potential of this remarkable investment opportunity. Further due diligence is recommended to confirm all aspects of the property's suitability for your specific needs. This is a rare opportunity to acquire a large parcel of land in a growing Florida market.

    Property Features for 000 Na

    General Information

    Property type
    Specialty properties

    HighLights

    • Asking price: $435,000
    • Property type: Special Purpose
    • Lot size: 1,894,860 square feet
    • Located in Panama City, Florida, zip code 32404.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Panama City
    County
    Bay
    State
    Florida
    Longitude
    -85.4994192
    Latitude
    30.1973686

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    FAQs

    What type of property is this?
    Specialty property - 1.9M SF Lot, $435K
    Where is this specialty property located?
    The property is located at 000 Na Panama City, FL.
    What is the asking price?
    The asking price for this property is $435,000.
    What are key features of this property?
    This property features: Asking price: $435,000; Property type: Special Purpose; Lot size: 1,894,860 square feet
    (850) 814-4490
    Request Owner's contact information
    000 Na 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
    000 Na Panama City, FL 32404
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