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OFF-MARKET
Specialty properties

1217 Mlk Blvd Panama City, FL 32401

Property ID
Property summary
AI-generated overview

This exceptional 14,985 sq ft commercial lot is situated in Panama City, Florida, at 1217 MLK Boulevard, zip code 32401. Located within an Opportunity Zone, this property boasts significant highway frontage. The lot offers 150 feet of frontage along the heavily trafficked Hwy 77/MLK Boulevard and a depth of 100 feet, ensuring high visibility for any business. Its strategic location provides easy access to Ascension Sacred Heart Bay and the attractions of Downtown Panama City. Zoned GC-2, this property presents a unique opportunity for entrepreneurs seeking a high-traffic location to establish their business. The asking price for this prime commercial real estate is $115,000. The property's size and location make it ideal for a variety of commercial ventures. Don't miss this chance to secure a prominent position in a thriving area. Serious inquiries only.

Property profile
Verified
Property type Specialty properties
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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