Property profile

2302 St Andrews Blvd Panama City, FL 32405

OFF-MARKET
Land
Built 1997
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional commercial land offering presents a rare opportunity for large-scale development in Panama City, Florida. Located on the expanding Highway 390, just east of 23rd Street, this property comprises three contiguous parcels totaling 182,952 square feet. The assemblage, encompassing 2302, 2318, and 2406 St. Andrews Boulevard, boasts a significant advantage: its "high and dry" elevation, a highly desirable characteristic in this market. The property's 1997-built structures are situated on two stories, offering potential for redevelopment or repurposing. Detailed surveys and elevation data are available upon request, providing comprehensive information for potential buyers. This is one of the few remaining large tracts of undeveloped land available, making it an ideal location for a variety of commercial projects. Act quickly, as the opportunity to acquire this entire assemblage may be diminished by the potential sale of individual parcels. The asking price for this significant development site is $2,200,000. The property's address is 2302 St. Andrews Boulevard, Panama City, FL 32405, within Bay County.

Property profile

Verified
Property type Land
Year built 1997

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2302 St Andrews Blvd Panama City, FL 32405
Panama City metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2302 St Andrews Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message