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    230 Sudduth Pl Panama City, FL 32404

    For Sale
    $399,000

    High & Dry, Ready-to-Build Warehouses

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 91,650 sq ft lot at 230 S Sudduth Place, Panama City, FL (32404), presents a unique opportunity for industrial development. Priced at $399,000, the property boasts a pre-approved development order for two 10,000 sq ft warehouses, complete with a designated laydown yard. Its strategic location offers significant advantages, situated conveniently near Tyndall Air Force Base. This high and dry parcel is ideal for businesses seeking to establish a new presence or expand existing operations in a rapidly developing area of Bay County, Florida. The existing development order streamlines the construction process, minimizing delays and maximizing efficiency. This property represents a compelling investment for both developers and businesses seeking a turnkey solution for their industrial needs. The substantial lot size provides ample space for future expansion or the addition of supplementary facilities. Don't miss this chance to acquire a prime piece of industrial real estate in a thriving location. The property's proximity to Tyndall Air Force Base further enhances its appeal, providing access to a significant workforce and logistical advantages.

    Property Features for 230 Sudduth Pl

    General Information

    Property type
    Specialty properties

    HighLights

    • 91,650 sq ft lot in Panama City, FL.
    • $399,000 asking price.
    • Pre‑approved for two 10,000 sq ft warehouses and laydown yard.
    • Near Tyndall Air Force Base.
    • High and dry lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Bay
    State
    Florida
    Longitude
    -85.592967
    Latitude
    30.142662

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    FAQs

    What type of property is this?
    Specialty property - High & Dry, Ready-to-Build Warehouses
    Where is this specialty property located?
    The property is located at 230 Sudduth Pl Panama City, FL.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: 91,650 sq ft lot in Panama City, FL.; $399,000 asking price.; Pre-approved for two 10,000 sq ft warehouses and laydown yard.
    Request Owner's contact information
    230 Sudduth Pl 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
    230 Sudduth Pl Panama City, FL 32404
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