Current Use by Public Records
- Land
Property Details for 8700 Tower Rd
- Lot size
- 19.17 lot acres
- Property type
- Land
Description
This exceptional 19.17-acre property in Panama City, Florida, presents a unique investment opportunity. Located at 8700 Tower Rd, Bay County (zip code 32404), this land boasts five contiguous parcels, all zoned R-3, allowing for diverse development options. The main parcel, encompassing 9.2 acres, offers significant highway frontage on Highway 231 and includes a currently leased billboard generating $1,500 annual income. The remaining four parcels range in size from approximately 2.45 to 2.54 acres each, providing flexibility for various residential projects. Permitted uses include single-family homes, mobile homes, and duplexes, subject to Bay County approvals. The property's APN is 03834-040-000. All acreage measurements are approximate
Value Estimations
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AI approach
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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
- -85.4759
- Latitude
- 30.3065
