000 Baldwin Rd Panama City, FL 32405
This exceptional 77-acre vacant land parcel presents a remarkable investment opportunity in Panama City, Florida. Located at the southeast corner of Highway 77 and Baldwin Road, this strategically positioned property boasts high visibility and accessibility. The site is situated between a newly constructed gas station and convenience store, and Tonya's Garden, with adjacency to another business on Baldwin Road. The expansive 3,354,120 square foot lot offers endless possibilities for commercial development, with the potential for multifamily development on the rear portion. Two median cuts on Highway 77 provide excellent access points. The property's prime location, near the heart of Panama City and Lynn Haven's commercial activity, makes it an ideal site for a variety of uses. The asking price is $7,700,000, translating to $100,000 per acre. The property's APN is 12858-020-000. This is a rare opportunity to acquire a large, highly visible tract of land in a thriving commercial area. Don't miss this chance to secure a premier location for your next development project. The property is zoned for commercial use and is ready for immediate development. Its location offers easy access to major roadways and a dense population base.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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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.