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Property profile & analytics
OFF-MARKET
Land

000 Highway 231 Panama City, FL 32404

Property ID
Property summary
AI-generated overview

This exceptional 7.62-acre vacant land parcel presents a remarkable investment opportunity in Panama City, Florida. Located at 000 N Hwy 231, this 331,927 square foot site boasts unparalleled visibility and accessibility due to its direct frontage on a major highway. The property's strategic positioning ensures high traffic flow, maximizing exposure for any commercial development. This expansive lot is situated in a rapidly growing area, offering significant potential for substantial returns. The asking price for this prime commercial land is $2,500,000. Its location in Bay County, Florida, zip code 32404, provides easy access to local amenities and infrastructure. The coordinates are 30.1973686 latitude and -85.4994192 longitude. This is a rare chance to acquire a significant land holding in a thriving market, ideal for businesses seeking high visibility and convenient access. Don't miss this chance to secure a substantial tract of land in a rapidly developing area. This property is ready for immediate development and offers significant potential for future growth.

Property profile
Verified
Property type Land
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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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