Hwy Panacea, FL 32346
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.