Fl-22 Panama City, FL 32404
- Land
- 26.84 lot acres
Current Use by Public Records
- Land
Property Details for 0 Fl-22
- Lot size
- 26.84 lot acres
- Property type
- Land
Description
This exceptional 26.84-acre commercial and residential development opportunity is situated in Callaway, Florida, offering direct frontage on Highway 22. The property boasts a prime location, less than three miles from Highway 98/Tyndall Parkway, and is adjacent to the Callaway Sports Complex. Numerous production-built communities are in close proximity, indicating strong existing residential demand. The site benefits from the availability of municipal utilities. This land presents a unique investment prospect fueled by the substantial growth in Callaway, driven by the $5.2 billion redevelopment of Tyndall Air Force Base – the largest MILCON project in Air Force history. The average household income within a one-mile radius is $91,000, suggesting a strong potential market for residential and commercial development. The property's APN is 06617-050-000. This is a rare chance to capitalize on the burgeoning growth in this area. The asking price for this expansive parcel is $2,100,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Panama City
- County
- Bay
- State
- Florida
- Longitude
- -85.5416
- Latitude
- 30.1528
