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Property profile & analytics
OFF-MARKET
Land

4622 Cherokee Heights Rd Panama City, FL 32404

Built 2015
Property ID
Property summary
AI-generated overview

Exceptional 50-acre commercial land opportunity in Panama City, Florida, listed at $13,250,000. This unique property boasts 2,075,198.4 square feet and is zoned AG2, offering diverse development potential. Built in 2015, the land includes existing structures with a combined 18,000 square feet of roof coverage, featuring 9 bedrooms, a 20x60 screened porch, and three ponds. Infrastructure includes a deep well with a 5HP pump, six oversized stalls, an equipment barn with custom cabinets and 10-foot ceilings, and even a chicken coop and horse stalls. The property's main structures are built with high-quality materials, including 2x6 framing, 16-inch commercial tile, and substantial roof, ceiling, and wall construction. Its location offers both seclusion and convenient proximity to Panama City and the beaches of Panama City Beach. This rare, breathtaking property presents a remarkable investment opportunity. The address is 4622 Cherokee Heights, Panama City, FL 32404.

Property profile
Verified
Property type Land
Year built 2015
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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