2.4 Acres Airway St Panama City, FL 32404
- Specialty properties
- 104,544 SF
Current Use by Public Records
- Specialty properties
Property Details for 0 2.4 Acres Airway St
- Property size
- 104,544 SF
- Property type
- Specialty properties
Description
This exceptional 2.4-acre commercial lot, located at 2.4 acres Airway Street in Panama City, Florida (zip code 32404), presents a unique investment opportunity. Boasting 107,070 square feet of land and a substantial 104,544 square feet of building space, this property is situated in a rapidly developing area of Bay County. The location offers excellent visibility and accessibility, with over 300 feet of road frontage and a daily traffic count exceeding 2000 vehicles, a number that is steadily increasing. The property's strategic position is further enhanced by its proximity to the gated Sandy Creek Airpark community, providing a stable and affluent customer base. The current market demand indicates a significant need for retail establishments, such as convenience stores or even a dollar store, making this site exceptionally well-suited for such ventures. The asking price for this prime commercial property is $87,500. This represents a compelling investment opportunity in a high-growth area with strong potential for substantial returns. The property is classified as Special Purpose and is ready for immediate development. Its location in Panama City, Florida, offers access to a thriving community and a robust local economy.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Panama City
- County
- Bay
- State
- Florida
- Longitude
- -85.4821
- Latitude
- 30.1038
