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Property profile & analytics
OFF-MARKET
Specialty properties

00 15Th St Panama City, FL 32404

Property ID
Property summary
AI-generated overview

This exceptional 87,120 square foot commercial lot is situated in Panama City, Florida, at 00 15th Street, zip code 32404, in Bay County. Offered at $398,900, this special purpose property boasts a highly desirable location adjacent to a Subway restaurant on Tyndall Parkway (Highway 98). The property benefits from exceptional visibility and a substantial daily traffic count, making it ideally suited for a variety of commercial ventures, including retail establishments or office spaces. Its strategic placement ensures significant exposure to potential customers and clients. The expansive lot size provides ample space for development, allowing for flexibility in design and construction to meet specific business needs. This is a rare opportunity to acquire a prime commercial property in a thriving location, poised for immediate development and significant return on investment. The property's strategic positioning on a major thoroughfare guarantees high visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence in Panama City. The asking price represents exceptional value for a property of this size and location.

Property profile
Verified
Property type Specialty properties
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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