1200 19Th St Panama City, FL 32405
- Specialty properties
Current Use by Public Records
- Specialty properties
Property Details for 1200 19Th St
- Property type
- Specialty properties
Description
This exceptional 1.8-acre commercial lot, located at 1200 W 19th St in Panama City, Florida (zip code 32405), presents a unique investment opportunity. Situated on the northwest corner of 19th Street and Northside Drive, this property boasts excellent visibility and frontage on two major roads, ensuring high traffic exposure. The lot size is 78,408 square feet, offering ample space for a variety of commercial developments. Its strategic location makes it particularly well-suited for a medical facility, given the potential to acquire the adjacent lot to create a substantial parking area. The combined parcels, if purchased together, would encompass approximately 3 acres. Due diligence has already been completed, including wetland delineation and stormwater engineering. This pre-planning significantly streamlines the development process, allowing for the immediate determination of maximum building size and facilitating a quicker path to construction. The asking price for this remarkable property is $350,000. This is a rare opportunity to secure a prime commercial parcel in a thriving Florida location.
Value Estimation
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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
- -85.6796
- Latitude
- 30.1829
