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Property profile & analytics
OFF-MARKET
Commercial real estate

Hwy Panacea, FL 32346

0.22 ac lot
Property ID
Property summary
AI-generated overview

This exceptional commercial lot presents a rare opportunity for entrepreneurs seeking a high-visibility location in the heart of Panacea, Florida. Boasting 70 feet of frontage on the bustling Coastal Highway, this 0.22-acre parcel offers unparalleled exposure to a steady stream of traffic. Its depth of approximately 160 feet provides ample space for the construction of a small commercial building, perfectly suited for a variety of businesses. The property's strategic location, just beyond the Dollar General, places it in the vibrant downtown area of Panacea, ensuring convenient access for customers and employees alike. This is an ideal site for a business seeking high visibility and easy accessibility in a thriving community. The lot's size and highway frontage make it an attractive investment for those looking to establish a new venture or expand an existing one. The asking price of $30,000 represents a significant value for a commercial property with such desirable characteristics in this sought-after location. Don't miss this chance to secure a prime piece of Panacea real estate. Act quickly, as opportunities like this are rare.

Property profile
Verified
Property type Commercial real estate
Lot 0.22 ac (9,583 SF)
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
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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