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    000 Baldwin Rd Panama City, FL 32405

    Sponsored
    For Sale
    $7,700,000

    77± Acres, Hwy 77 & Baldwin Rd

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 77-acre vacant land parcel presents a remarkable investment opportunity in Panama City, Florida. Located at the southeast corner of Highway 77 and Baldwin Road, this strategically positioned property boasts high visibility and accessibility. The site is situated between a newly constructed gas station and convenience store, and Tonya's Garden, with adjacency to another business on Baldwin Road. The expansive 3,354,120 square foot lot offers endless possibilities for commercial development, with the potential for multifamily development on the rear portion. Two median cuts on Highway 77 provide excellent access points. The property's prime location, near the heart of Panama City and Lynn Haven's commercial activity, makes it an ideal site for a variety of uses. The asking price is $7,700,000, translating to $100,000 per acre. The property's APN is 12858-020-000. This is a rare opportunity to acquire a large, highly visible tract of land in a thriving commercial area. Don't miss this chance to secure a premier location for your next development project. The property is zoned for commercial use and is ready for immediate development. Its location offers easy access to major roadways and a dense population base.

    Property Features for 000 Baldwin Rd

    General Information

    Property type
    Land

    HighLights

    • 77‑acre vacant land parcel in Panama City, FL, at the southeast corner of Highway 77 and Baldwin Road.
    • High visibility and accessibility, situated between a new gas station/convenience store and Tonya's Garden.
    • 3,354,120 square foot lot ideal for commercial development, with multifamily potential on the rear.
    • Two median cuts on Highway 77 provide excellent access.
    • $7,700,000 asking price ($100,000/acre); APN 12858‑020‑000.
    • Commercially zoned and ready for immediate development; near Panama City and Lynn Haven's commercial activity.
    Property Profile 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 Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Bay
    State
    Florida
    Longitude
    -85.640474
    Latitude
    30.2021992

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    FAQs

    What type of property is this?
    Land - 77± Acres, Hwy 77 & Baldwin Rd
    Where is this land located?
    The property is located at 000 Baldwin Rd Panama City, FL.
    What is the asking price?
    The asking price for this property is $7,700,000.
    What are key features of this property?
    This property features: 77-acre vacant land parcel in Panama City, FL, at the southeast corner of Highway 77 and Baldwin Road.; High visibility and accessibility, situated between a new gas station/convenience store and Tonya's Garden.; 3,354,120 square foot lot ideal for commercial development, with multifamily potential on the rear.
    (850) 896-2240
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    000 Baldwin Rd Panama City, FL 32405
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    000 Baldwin Rd
    Panama City, FL 32405
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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 Baldwin Rd Panama City, FL 32405
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