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OFF-MARKET
Retail properties & Spaces

0 Cor Of Hutchison Blvd. & Alf Coleman Rd Panama City Beach, FL 32413

2.38 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Lot 2.38 ac (103,673 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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