2604 County Rd Panama City, FL 32405
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.
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.
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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.