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Property profile & analytics
OFF-MARKET
Land

11902 Highway 77 Panama City, FL 32409

Property ID
Property summary
AI-generated overview

This exceptional 7.9-acre commercial land parcel in Southport, Florida, presents a unique investment opportunity. Located on Highway 77, the property boasts 400 feet of road frontage, ensuring high visibility and accessibility. The lot is cleared and ready for immediate development, offering significant potential for various commercial ventures. Its strategic location near residential areas guarantees a consistent flow of potential customers. The property is a corner lot and can be purchased as a whole or divided into two smaller parcels (3.5 acres and 4.4 acres). Its proximity to Panama City (11.5 miles) and Northwest Florida Beaches International Airport (14 miles) provides access to a larger market and convenient transportation links. The high demand for storage facilities in the region makes this an especially attractive option. This prime location offers unparalleled potential for business growth and success in a rapidly expanding area of Bay County. The asking price is $895,000. This is a rare opportunity to secure a highly visible and strategically located commercial property.

Property profile
Verified
Property type Land
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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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