000 Highway 389 Panama City, FL 32444
- Land
Current Use by Public Records
- Land
Property Details for 000 Highway 389
- Property type
- Land
Description
This exceptional 21,780 square foot vacant land parcel presents a remarkable investment opportunity in Lynn Haven, Florida. Located at the intersection of Highway 390 and Highway 389, this property boasts unparalleled visibility and accessibility, with 20 feet of frontage on Highway 390 and an impressive 107 feet of frontage on Highway 389. The strategic location ensures high traffic exposure, benefiting from a 2020 Average Annual Daily Traffic (AADT) count of 15,500 vehicles. This translates to a consistent flow of potential customers, ideal for a variety of commercial ventures. The property has undergone a recent survey and is situated within an X flood zone, minimizing flood risk. Priced at $189,900, this 0.5-acre lot in Bay County, Florida (zip code 32444) offers a compelling chance to develop or invest in a thriving commercial area. The property's location within Lynn Haven's city limits provides access to local amenities and infrastructure. This is a rare opportunity to acquire a highly visible and accessible commercial land parcel in a desirable location with significant development potential. The property's size and location make it suitable for a wide range of commercial uses. Don't miss this chance to secure a prime piece of commercial real estate in a high-traffic area.
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
- -85.6286
- Latitude
- 30.2235
