0 Panama Ave Panama City, FL 32405
This Panama City, Florida retail and restaurant opportunity presents exceptional investment potential within the thriving SweetBay Town Center. Phases 2 and 3 offer a combined 6.08 acres of developable land adjacent to a successful, Publix-anchored Phase 1, featuring a 50,487 square foot Publix and a mix of high-end national and local tenants including Starbucks and unique restaurants. Phase 2 encompasses 3.65 acres with over 30,000 square feet of available retail and restaurant space, while Phase 3 offers 2.43 acres with over 10,000 square feet of retail space, including a corner outparcel and a potential hotel pad site. These phases provide build-to-suit and outparcel opportunities, catering to both the SweetBay community and the broader Panama City market. The property's strategic location in Bay County, Florida, at 30.204308674655866 latitude and -85.67362802230231 longitude, ensures high visibility and accessibility. This mixed-use development offers a unique chance to capitalize on the area's growth and strong retail demand. The property is zoned for retail and restaurant uses, providing flexibility for various business models. Invest in a thriving, established center with significant expansion potential. The zip code is 32405.
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.