9322 Highway 77 Panama City, FL 32409
- Specialty properties
Current Use by Public Records
- Specialty properties
Property Details for 9322 Highway 77
- Property type
- Specialty properties
Description
This exceptional 364,597 square foot commercial land parcel in Panama City, Florida, presents a unique investment opportunity. Located at 9322 HWY 77, this property boasts a completed Development Order and comprehensive engineering plans, significantly streamlining the development process. The plans encompass six buildings, each measuring 16,000 square feet, totaling 96,000 square feet of potential flex warehouse space. This design allows for flexible unit sizes, ranging from a minimum of 2,000 square feet, catering to a diverse range of tenants. The property's strategic location on the main corridor of Highway 77 and Highway 388, near the Panama City airport, ensures high visibility and accessibility. This rapidly growing area offers significant potential for strong returns. The asking price is $2,100,000, and owner financing is available, making this an attractive proposition for investors seeking a turnkey development project or a strategic land acquisition in a thriving market. The property is situated in Bay County, Florida, zip code 32409. All necessary entitlements and engineering are complete, minimizing development risk and accelerating the path to occupancy. This is a rare opportunity to capitalize on the burgeoning commercial real estate market in Panama City.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Panama City
- County
- Bay
- State
- Florida
- Longitude
- -85.6566
- Latitude
- 30.3204
