1904 Lisenby Ave Panama City, FL 32405-3003
This exceptional 2.34-acre commercial lot presents a unique investment opportunity in Panama City, Florida. Ideally situated on the corner of Lisenby Avenue and 19th Street, this property boasts 433 feet of frontage, ensuring high visibility and accessibility. The lot's strategic location places it within a thriving retail trade area, benefiting from a significant daily traffic count of 7,300 vehicles on Lisenby Avenue. Zoned MU3 & GC2, this versatile land parcel allows for a wide range of commercial uses, including professional offices, educational facilities, and various retail businesses. Utilities are available, with power already in place. The property's APN is 13787-000-000, located in Bay County, Florida, with a Panama City address of 1904 Lisenby Ave, zip code 32405. This single-tenant lot offers significant potential for developers and businesses seeking a prominent location with excellent exposure and diverse zoning options. The property's size and location make it an attractive prospect for a variety of commercial ventures. Don't miss this chance to secure a prime piece of commercial real estate in a rapidly growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
PC09 · Panama City, FLPanama City. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.