2109 Industrial Dr Panama City, FL 32405-6035
This exceptional 4.4-acre vacant land parcel, encompassing 194,278 square feet, presents a remarkable opportunity for commercial development in Panama City, Florida. Located at 2109 Industrial Drive, zip code 32405, this property boasts a highly desirable location offering convenient access to Highway 231 and the broader Panama City area, ensuring excellent visibility and accessibility for any commercial venture. The expansive lot size provides ample space for a variety of development projects, catering to diverse business needs. The asking price is $700,000. Detailed plans, including an aerial project plan, a drive site plan, and a driving concept, are available for review, providing a comprehensive understanding of the development potential. This property is zoned for commercial use (zoning information should be independently verified). Its strategic location within Bay County, Florida, makes it an attractive investment for businesses seeking a prominent presence in a thriving market. Seize this chance to establish your commercial enterprise in a prime location with exceptional connectivity and growth potential. Don't miss this opportunity to acquire this significant land parcel in a rapidly developing area of Panama City. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.