7739 Us-231 Panama City, FL 32404

Property Details for 7739 Us-231

Property size

60,000 SF

Property type

Specialty properties

Description

This exceptional 60,000 square foot commercial lot is ideally situated on US Highway 231 in Panama City, Florida, at the corner of Morningside Drive. Boasting a prime location directly across from a major intermodal distribution center, this property benefits from high visibility and exceptional access to crucial transportation routes. The site is part of a larger 4.1-acre parcel, with two additional 60,000 square foot lots available for purchase. The property is already prepared for immediate development, having been cleared and filled to ensure a "shovel-ready" status. County GIS data indicates an elevation of 55-60 feet above sea level. This location enjoys significant traffic volume, with a recorded 27,500 AADT (Average Annual Daily Traffic) and projected growth. The property is strategically positioned just ten miles from the intersection of Highways 231 and 77, within a rapidly expanding area. Furthermore, the property is situated near a planned six-lane enhancement project on Highway 231 and on the edge of new industrial development. An additional 12.4 acres of adjacent land are also available for acquisition, presenting a unique opportunity for large-scale development. The asking price for this exceptional property is $250,000. This is a rare opportunity to secure a highly desirable commercial site in a thriving Florida market. The property is zoned for commercial use and is ready for immediate development.