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    2820 Transmitter Rd Panama City, FL 32404

    For Sale
    $350,000

    Cleared lot, ready to build, high traffic area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 53,230 square foot vacant commercial lot in Panama City, Florida, presents a remarkable opportunity for development. Located at 2820 Transmitter Road, zip code 32404, this property boasts a highly desirable location adjacent to a busy gas station and a major intersection, ensuring high visibility and accessibility for any business. The lot is already cleared, eliminating significant pre-construction hurdles and saving valuable time and resources. The asking price is $350,000, reflecting the exceptional value and potential of this prime commercial real estate. Its strategic position ensures significant foot and vehicle traffic, making it ideal for a wide range of commercial ventures. The seller is motivated and open to considering all offers, making this an opportune moment to secure this exceptional property. This is a rare chance to acquire a ready-to-build commercial lot in a high-traffic area of Panama City, Florida. Don't miss this chance to establish your business in a thriving location. The property is situated in Bay County, Florida.

    Property Features for 2820 Transmitter Rd

    General Information

    Property type
    Land

    HighLights

    • Asking price: $350,000
    • Property type: 53,230 SF vacant commercial land lot
    • Located in Panama City, FL (Bay County, zip code 32404) near a busy intersection and gas station.
    • Cleared and ready for immediate development.
    • Motivated seller considering all offers.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Bay
    State
    Florida
    Longitude
    -85.6075265
    Latitude
    30.1992458

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    FAQs

    What type of property is this?
    Land - Cleared lot, ready to build, high traffic area.
    Where is this land located?
    The property is located at 2820 Transmitter Rd Panama City, FL.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: Asking price: $350,000; Property type: 53,230 SF vacant commercial land lot; Located in Panama City, FL (Bay County, zip code 32404) near a busy intersection and gas station.
    Request Owner's contact information
    2820 Transmitter Rd Panama City, FL 32404
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    Panama City, FL 32404
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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
    2820 Transmitter Rd Panama City, FL 32404
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