000 19Th St Panama City, FL 32405
This exceptional 94,525 square foot vacant land parcel presents a remarkable investment opportunity in Panama City, Florida. Located at 000 E 19th St Street, this property boasts a highly desirable C-2 zoning designation within the city limits, offering a wide range of potential development options. Its prime location provides unparalleled access to a thriving commercial corridor, situated near HCA Gulf Coast Hospital, numerous medical offices, an array of restaurants, retail establishments, and hotels. The convenience of readily available water and sewer utilities, located directly adjacent to the site in the right of way, further enhances the property's appeal and simplifies development plans. The property's expansive size and strategic location make it an ideal candidate for a variety of commercial ventures, promising significant returns for discerning investors. The parcel's APN is 14426-000-000. The asking price for this exceptional property is $399,000. This is a rare opportunity to acquire a substantial land holding in a high-growth area of Panama City, Florida, with the potential for substantial future appreciation. The zip code is 32405.
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
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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.