7409 Hwy 231 Hwy Panama City, FL 32404
- Specialty properties
Current Use by Public Records
- Specialty properties
Property Details for 7409 Hwy 231 Hwy
- Property type
- Specialty properties
Description
This exceptional 3.12-acre commercial lot, totaling 135,907 square feet, is strategically located at the intersection of US Highway 231 and Coe Road in Panama City, Florida. The property boasts a highly visible location, situated directly across from Coastal Helicopters, Bay Industrial Park, and the Intermodal Distribution Center (IDC). Coe Road provides convenient access to Highway 2301, enhancing connectivity and accessibility. This prime parcel is zoned General Commercial (GC-3) within unincorporated Bay County, offering a wide range of development possibilities. The area is experiencing significant growth, with several new residential developments and businesses establishing themselves nearby, including a FedEx distribution facility, a new manufacturing company in the former Century Boats/Yamaha Motors site, Conner Industries, and Eastern Industries. This presents a unique opportunity for investors and developers seeking a high-visibility location in a rapidly expanding area. Ideal for various commercial uses, including convenience stores, retail establishments, storage facilities, and restaurants. The asking price has been reduced for a quick sale, making this an attractive investment opportunity. The property's size and location make it an excellent choice for businesses seeking high visibility and convenient access to major transportation routes.
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
- -85.5253
- Latitude
- 30.2723
