11902 Highway 77 Panama City, FL 32409
This exceptional 4.4-acre vacant commercial land parcel in Southport, Florida, is priced at $400,000. Located on Hwy 77, this cleared and build-ready lot offers unparalleled visibility and accessibility, situated near residential areas for consistent customer traffic. Its strategic location provides easy access to Panama City (11.5 miles) and Northwest Florida Beaches International Airport (14 miles), expanding market reach. The property's size (191,664 sq ft) presents unlimited potential for various commercial ventures, including a storage facility, capitalizing on regional demand. An optional adjacent 3.5-acre parcel with 400 feet of four-lane Hwy 77 frontage is also available for purchase. This presents a savvy investment opportunity in a rapidly growing area of Bay County, Florida, with its zip code being 32409. The property is located in the city of Southport, and the county is Bay County.
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.