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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 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.

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
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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