0 Cor Of Hutchison Blvd. & Alf Coleman Rd Panama City Beach, FL 32413
This exceptional 2.38 to 14.12-acre commercial land parcel in Panama City Beach, Florida, presents a unique investment opportunity. Located at the corner of Hutchison Boulevard and Alf Coleman Road, this property boasts significant frontage: 146.5 feet along Hutchison Boulevard and an impressive 365.8 feet along Alf Coleman Road. Zoned CH(PCB), the site is cleared and ready for immediate development, eliminating costly pre-construction hurdles. Its prime location offers unparalleled access to the thriving tourism market, situated just 1,500 feet from beach access and directly across Alf Coleman Road from the popular Shipwreck Island Adventure Park. This strategic positioning ensures high visibility and convenient access for potential businesses. The property's size and zoning make it ideal for a variety of retail or hospitality developments, catering to the area's robust demand. With its exceptional location, ample frontage, and development-ready status, this property represents a rare chance to capitalize on the booming Panama City Beach market. The asking price is $2,250,000. The property's address is in Bay County, Florida, zip code 32413. This is a truly remarkable opportunity for investors seeking high-return potential in a prime coastal location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.