7409 Us-231 Panama City, FL 32404
- Land
- 3.12 lot acres
Current Use by Public Records
- Land
Property Details for 7409 Us-231
- Lot size
- 3.12 lot acres
- Property type
- Land
Description
This exceptional 3.12-acre commercial land parcel is strategically located at 7409 N. Highway 231 in Panama City, Florida, 32404, at the corner of Coe Road. The property boasts a highly desirable location, situated across the highway from established businesses including Coastal Helicopters, Bay Industrial Park, and the Intermodal Distribution Center (IDC). This area is experiencing significant growth, with several new residential developments and businesses recently established or under construction nearby. Examples include a FedEx distribution facility, a new manufacturing company occupying the former Century Boats/Yamaha Motors site, Conner Industries, and Eastern Industries. The lot is zoned General Commercial (GC-3) within unincorporated Bay County, offering considerable flexibility for a variety of commercial uses. Potential development opportunities include, but are not limited to, convenience stores, retail spaces, storage facilities, and restaurants. The property is cleared and fronts a two-lane divided highway, ensuring excellent visibility and accessibility. This corner lot presents a rare opportunity to capitalize on the burgeoning commercial activity in this rapidly developing area. The asking price for this exceptional property is $280,000.
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
- -85.5253
- Latitude
- 30.2723
