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Property profile & analytics
OFF-MARKET
Land

803 Tbd Hwy Panama City, FL 32404

803 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 803-acre property in Bay County, Florida, presents a unique investment opportunity. Located near Panama City on Highway 231, this expansive land boasts convenient access via a well-maintained road system. Zoned Ag-1, the property is ideal for hunting and recreational activities, as well as timber management. The asking price is $3,900,000, translating to $4,857 per acre. The land's strategic location offers proximity to Panama City's thriving commercial market, providing significant potential for future development or continued use as a productive timberland investment. Two APNs are associated with the property: 03861-000-000 and 03841-000-000. The property's size and location make it a rare find in the Florida market, offering a blend of recreational and investment potential. Direct highway access ensures easy transportation of timber and convenient access for recreational users. This is a turnkey investment ready for immediate use or future development. The property is offered as an investment opportunity. The address is listed as Bay County 803, TBD Highway 231, Panama City, FL 32404.

Property profile
Verified
Property type Land
Lot 803 ac (34,978,680 SF)
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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