Property profile

2302 St Andrews Blvd Panama City, FL 32405

OFF-MARKET
Land
52,272 SF
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 52,272 square foot vacant land parcel presents a unique investment opportunity in Panama City, Florida. Located at 2302 St Andrews Boulevard, zip code 32405, this high and dry, cleared lot is perfectly situated for a variety of commercial uses. The property's affordability makes it an attractive option for developers seeking to build a medical or business office, quick-service restaurant (QSR), or retail store. Its size, at just over 1.2 acres, offers ample space for construction and potential expansion. The lot is conveniently accessible, featuring a double gate providing access to Pretty Bayou Island Drive. A fence along the northern border of the property is included in the sale. The asking price for this ready-to-develop land is $650,000. This property is located in Bay County, Florida, and presents a rare chance to acquire a prime commercial lot in a desirable location. The property's high and dry nature eliminates potential drainage issues, simplifying the development process. This is a truly exceptional opportunity for investors and developers alike. Don't miss out on this chance to secure a piece of Panama City's thriving commercial real estate market.

Property profile

Verified
Property type Land
Total area 52,272 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2302 St Andrews Blvd Panama City, FL 32405
Panama City metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2302 St Andrews Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message