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    6224 Laird Park Rd Panama City Beach, FL 32413

    For Sale
    $5,750,000

    9.4 Acres, Prime Commercial Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 9.4-acre waterfront property in Panama City Beach, Florida, presents a unique development opportunity. Located at 6224 Laird Park Road, this special-purpose land boasts an impressive 409,464 square feet and approximately 340 feet of waterfront access. Zoned for commercial use under the West Bay Center FLU designation within the Bay-Walton Detailed Sector Area Plan (DSAP), this site is ideally positioned for significant growth. The property benefits from existing public water and sewer infrastructure with ample capacity for large-scale projects. Its strategic location just off Highway 79, before the Buchanan Bridge, and approximately one mile south of the Latitude Margaritaville community, places it within a rapidly expanding area. Nearby amenities include several new subdivisions and a recently constructed hospital, all within a three-mile radius. This prime location offers developers the chance to capitalize on the burgeoning growth of this area, projected to become a significant cityscape in the Florida Panhandle. The asking price is $5,750,000. Additional adjoining property is available for purchase. Recent comparable sales support the listed price.

    Property Features for 6224 Laird Park Rd

    General Information

    Property type
    Specialty properties
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Storage Facility Convenience Store Travel Agency Carpet & Flooring Store Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Panama City Beach
    County
    Bay
    State
    Florida
    Longitude
    -85.8596119
    Latitude
    30.2900416

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    FAQs

    What type of property is this?
    Specialty property - 9.4 Acres, Prime Commercial Location
    Where is this specialty property located?
    The property is located at 6224 Laird Park Rd Panama City Beach, FL.
    What is the asking price?
    The asking price for this property is $5,750,000.
    Request Owner's contact information
    6224 Laird Park Rd Panama City Beach, FL 32413
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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
    6224 Laird Park Rd Panama City Beach, FL 32413
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