2105 Martin Luther King Jr Blvd Panama City, FL 32405

This exceptional 0.98-acre commercial land parcel presents a lucrative build-to-suit opportunity in Panama City, Florida. Located at 2105 Martin Luther King Jr Blvd, this property boasts a highly desirable location at the intersection of 23rd Street and MLK Jr Blvd, experiencing over 58,000 vehicles daily. The site offers high visibility due to a signaled intersection and ample parking, making it perfect for quick-service restaurants or retail establishments. Its prime location within Panama City's core retail trade area ensures strong customer traffic and visibility. The property is situated near numerous national retailers, restaurants, and entertainment venues, including Bay City Point Shopping Center (200,000 square feet) and Panama City Mall, across the street. This area's high traffic volume, accessibility, and demographic growth have attracted major national brands such as Target, Home Depot, Best Buy, Lowe's, Bealls Outlet, Hobby Lobby, Dillards, JC Penney, Ulta, Burlington, Ross, McDonald's, Chipotle, and Panera Bread. The property is zoned COM and has an APN of 14412-010-000. The asking price is $1,200,000, translating to approximately $1,224,489.80 per acre. This represents a unique chance to capitalize on a thriving retail market in a high-traffic location.