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Property profile & analytics
OFF-MARKET
Land

3715 Airport Dr Panama City, FL 32405

Property ID
Property summary
AI-generated overview

Discover an exceptional investment opportunity with this 2.12-acre commercial lot, ideally situated adjacent to the 700-acre Sweetbay master-planned community. Boasting easy access to the newly improved Highway 390, this flat parcel is free from wetlands and easements, ensuring straightforward development. Specifically approved for a 100,000-sq.-ft., three-story climate-controlled storage facility, this lot offers versatile possibilities, including the potential for office spaces or other commercial uses. Positioned close to the emerging Sweetbay town center, a coming-soon Publix supermarket, and a marina, this property benefits from the area's rapid growth and increasing demand. A gas station conveniently located across the street further enhances its appeal. Originally zoned residential, the property has been meticulously rezoned for commercial use, highlighting its prime suitability for high-yield investment ventures. With the ongoing development in Sweetbay, this lot promises substantial income opportunities and a strategic foothold in a flourishing community.

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