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Property profile & analytics
OFF-MARKET
Land

000 Highway 231 Panama City, FL 32404

Property ID
Property summary
AI-generated overview

This exceptional 7.62-acre vacant land parcel presents a remarkable investment opportunity in Panama City, Florida. Located at 000 N Hwy 231, this expansive 331,927 square foot property boasts unparalleled visibility and accessibility due to its direct frontage on a major highway. The high traffic volume ensures significant exposure for any commercial development, maximizing brand recognition and attracting a large customer base. Situated in Bay County, Florida, zip code 32404, this strategically positioned land offers an ideal location for a wide range of commercial ventures. Its substantial size allows for considerable flexibility in development plans, catering to various business needs and scales. The property's prime location within a rapidly growing area promises strong future appreciation, making it an attractive investment for both short-term and long-term gains. This is a rare chance to acquire a significant land holding in a thriving market. The asking price for this exceptional property is $2,500,000. Don't miss this opportunity to secure a prominent location for your next commercial endeavor.

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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