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    1904 Lisenby Ave Panama City, FL 32405

    For Lease
    Contact for pricing

    2.34 Acres, High Traffic Area, Mixed Use

    Lot size:
    101,930 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    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.

    Property Features for 1904 Lisenby Ave

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    101,930 SF

    Unit(s) available at that property

    Space
    Size
    101,930 SF

    HighLights

    • High‑visibility corner lot.
    • Mixed‑use and general commercial zoning.
    • 2.34 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Bay
    State
    Florida
    Longitude
    -85.683045
    Latitude
    30.183054

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    FAQs

    What type of property is this?
    Land - 2.34 Acres, High Traffic Area, Mixed Use
    Where is this land located?
    The property is located at 1904 Lisenby Ave Panama City, FL.
    What are key features of this property?
    This property features: High-visibility corner lot.; Mixed-use and general commercial zoning.; 2.34 acres.
    Request Owner's contact information
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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
    1904 Lisenby Ave Panama City, FL 32405
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