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Large Commercial Land Tract
For Sale
$1,500,000

Hwy 231, Panama City, FL 32404

Land, Panama City, FL

Property SizeContact for details
Lot Size93.00 Acres
Days on Market246

Property Features for Hwy 231

General Information

Property type Commercial Sale
Property subtype Other
Subdivision No Named Subdivision
Directions Traveling north on Hwy 231, property will be on the left approximately 5 miles passed 231/East Ave intersection.
Standard status Active
APN 05454-070-000
Lot size 93.00 Acres

Taxes and HOA fees

Tax Description 24 2S 13W -1.7- 14.5A 157 BEG SE COR OF N1/2 OF NW1/4 OF SE1/4 TH W 430' N 660' E 635' SELY 685' SWLY 430' SELY 660' SWLY 255.2' ALG R/W NWLY 1070 ' E 146.2' TO POB ORB 318 P 393 LESS PCL ****AND***** BEG 1803 N & 356' SWLY OF SE COROF SEC TH CONT ON NW R/W HWY 231 430' 90 DEG RT 660' 90 DEG RT 430' 90 DEG RT 660' TO POB ORB 59 P 440 LESS SR R/W & LE ***AND*** SW1/
Legal Description 24 2S 13W -1.7- 14.5A 157 BEG SE COR OF N1/2 OF NW1/4 OF SE1/4 TH W 430' N 660' E 635' SELY 685' SWLY 430' SELY 660' SWLY 255.2' ALG R/W NWLY 1070 ' E 146.2' TO POB ORB 318 P 393 LESS PCL ****AND***** BEG 1803 N & 356' SWLY OF SE COROF SEC TH CONT ON NW R/W HWY 231 430' 90 DEG RT 660' 90 DEG RT 430' 90 DEG RT 660' TO POB ORB 59 P 440 LESS SR R/W & LE ***AND*** SW1/
Listing Agency: Think Real Estate
Listed By: The Shields Group
Added: Feb 5 Changed: Sep 5 Last Checked: Oct 9 at 8:06AM
MLS# 785492

Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This commercial land holding encompasses approximately 93 acres along Hwy 231 in Bay County, providing a substantial land base for future planning. Most of the property is currently zoned for commercial use, while portions may contain low-lying areas or other natural features that could affect site design. The tract extends deeply from the corridor, allowing flexibility in how the acreage is evaluated and planned.

The property is positioned near established residential areas and ongoing local activity, with access from a well-traveled highway corridor and substantial frontage. Prospective purchasers should independently verify zoning, wetlands, utilities, surveys, feasibility, and intended land uses as part of their due diligence.

Key Highlights

  • Approximately 93 acres of commercial land
  • Majority of the tract is zoned for commercial use
  • Located along Hwy 231 in Bay County

Property Analytics

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Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

10
Businesses Nearby

Demographics for 32404, FL

38,186
Population
18,053
Households
2.1
Avg Household Size
40
Median Age
21%
College-Educated
87%
High-School Grad
135.1 sq mi
ZIP Area
283
Density / Sq Mi
$72,208
Median Household Income
$38,701
Median Earnings
$1,355
Median Rent
$239,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Most of this expansive tract carries commercial zoning along the Hwy 231 corridor.
Where is this commercial land located?
The property is located at Hwy 231 Panama City, FL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Approximately 93 acres of commercial land; Majority of the tract is zoned for commercial use; Located along Hwy 231 in Bay County
More about this property
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