Property profile

2604 County Rd Panama City, FL 32405

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional offering presents a rare opportunity to acquire prime commercial land in Panama City, Florida, situated at 2604 County Rd 390, zip code 32405. The property is zoned for a diverse range of uses, including retail, multifamily residential development (apartment building), and quick-service restaurants (QSR/fast food). The location benefits from its strategic position within a rapidly growing area, boasting significant existing residential development both east and south of the site, ensuring a strong potential customer base. The area is well-served by established infrastructure, including nearby charter and public schools, catering to a family-oriented community. Furthermore, planned improvements to the local highway system, including a six-lane expansion from Highway 77 to Highway 231, promise enhanced accessibility and increased traffic flow, further boosting the property's long-term value and appeal. This presents a unique chance to capitalize on the area's robust growth trajectory and create a thriving commercial development. The property's versatility allows for a variety of development options, making it an attractive investment for both experienced developers and new ventures. The site's location in Bay County, Florida, offers a desirable lifestyle and a strong local economy. This is an exceptional opportunity to secure a significant parcel of land in a high-growth area with excellent potential for substantial returns. The coordinates are 30.2331489 latitude and -85.6280275 longitude.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2604 County Rd Panama City, FL 32405
Panama City metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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