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    000 Poston Rd Panama City, FL 32404

    For Sale
    $280,000

    64,904 SF Bayside Commercial Lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 64,904 square foot commercial land parcel presents a unique investment opportunity in Panama City, Florida. Located in the prestigious East Bay community, this property is part of Phase I development, featuring seven finished lots. East Bay boasts a prime bayside location on Cook's Bayou, offering convenient access to St. Andrew's Bay, the Intracoastal Waterway, and the Gulf of Mexico. The property's address is 000 Poston Road, Panama City, FL 32404, within Bay County. Its strategic location provides easy access to Tyndall Air Force Base and a full range of commercial amenities, all within a 15-minute drive. The community itself is enhanced by attractive brick paver accents throughout its roadways, creating a visually appealing and well-maintained environment. The asking price for this significant land holding is $280,000. This presents a compelling opportunity for developers or investors seeking a well-situated commercial property in a desirable coastal location. The property is classified as Special Purpose land. The coordinates are 30.1300671 latitude and -85.511227 longitude.

    Property Features for 000 Poston Rd

    General Information

    Property type
    Specialty properties

    HighLights

    • 64,904 SF commercial land parcel in Panama City, FL.
    • Located in the prestigious East Bay community, Phase I development, one of seven finished lots.
    • Prime bayside location on Cook's Bayou, near St. Andrew's Bay, Intracoastal Waterway, and Gulf of Mexico.
    • Address: 000 Poston Road, Panama City, FL 32404 (Bay County).
    • Easy access to Tyndall AFB and commercial amenities (within 15 minutes).
    • $280,000 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Auto Repair Shop Clothing Store Hotel & Motel Department Store Electrical Service Convenience Store Cafe & Coffee Shop Computer & Electronic Repair Pet Store Pet Supply 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
    -85.511227
    Latitude
    30.1300671

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    FAQs

    What type of property is this?
    Specialty property - 64,904 SF Bayside Commercial Lot
    Where is this specialty property located?
    The property is located at 000 Poston Rd Panama City, FL.
    What is the asking price?
    The asking price for this property is $280,000.
    What are key features of this property?
    This property features: 64,904 SF commercial land parcel in Panama City, FL.; Located in the prestigious East Bay community, Phase I development, one of seven finished lots.; Prime bayside location on Cook's Bayou, near St. Andrew's Bay, Intracoastal Waterway, and Gulf of Mexico.
    Request Owner's contact information
    000 Poston 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
    000 Poston Rd Panama City, FL 32404
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