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    710 11Th St Panama City, FL 32401

    For Sale
    $89,000

    High-traffic location, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 12,720 sq ft commercial lot in Panama City, Florida, presents a unique investment opportunity. Located at 710 W 11th Street, zip code 32401, this property boasts a highly desirable location between the Bay County Government Center, Bay County Library, and Jinks Middle School. The lot benefits from significant daily traffic volume on 11th Street, surrounded by established residential areas and new multi-family developments, ensuring high visibility and accessibility. Its strategic placement within a HUBZone offers potential advantages for businesses seeking federal contracting opportunities. The asking price for this special purpose property is $89,000. This prime location and its proximity to key community institutions make it an attractive prospect for a variety of commercial ventures. The lot's size provides ample space for development, catering to diverse business needs. Serious inquiries are encouraged to explore the potential of this exceptional commercial property.

    Property Features for 710 11Th St

    General Information

    Property type
    Specialty properties

    HighLights

    • $89,000 asking price.
    • Special purpose property.
    • 12,720 square foot lot.
    • Located at 710 W 11th Street, Panama City, FL 32401.
    • Situated near Bay County Government Center, Bay County Library, and Jinks Middle School.
    • High daily traffic count on 11th Street.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Bay
    State
    Florida
    Longitude
    -85.6709769
    Latitude
    30.168193

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    FAQs

    What type of property is this?
    Specialty property - High-traffic location, ideal for development.
    Where is this specialty property located?
    The property is located at 710 11Th St Panama City, FL.
    What is the asking price?
    The asking price for this property is $89,000.
    What are key features of this property?
    This property features: $89,000 asking price.; Special purpose property.; 12,720 square foot lot.
    Request Owner's contact information
    710 11Th St Panama City, FL 32401
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    Panama City, FL 32401
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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
    710 11Th St Panama City, FL 32401
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