0 11Th St Panama City, FL 32404
This exceptional 0.98-acre commercial land parcel presents a unique investment opportunity in Panama City, Florida. Located on the highly visible corner of E 11th St and Bob Little Rd, this property boasts excellent frontage and benefits from significant traffic counts of approximately 6,800 average annual daily traffic (AADT). Its strategic location offers unparalleled exposure for any commercial venture. The property is zoned FLU (General Commercial), allowing for a wide range of development possibilities. Its proximity to US 98, a major thoroughfare, ensures easy access and high traffic volume. Furthermore, the site is conveniently located near other established businesses and retail establishments, creating a synergistic environment for potential growth and profitability. The asking price for this prime commercial land is $125,000. The property's address is E 11th St, Panama City, FL 32404, within Bay County. This is an ideal location for businesses seeking high visibility and convenient access to major transportation routes. The 0.98-acre lot provides ample space for a variety of commercial developments, making it an attractive investment for both established businesses and new ventures. Don't miss this chance to secure a prominent location in a thriving commercial area.
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.
Costs & Benchmarks
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.