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Property profile & analytics
OFF-MARKET
Industrial land

2109 Industrial Dr Panama City, FL 32405-6035

4.46 ac lot
Entity Owned 6-yr Hold Absentee Owner Free & Clear
Property ID
US18-2200165
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 4.46 ac (194,408 SF)
APN 14644-030-000
UPID US18-2200165
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
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Nest Egg Strategies LLC · 6 yrs held
Nest Egg Strategies LLC
since 2020
Last sale
$110,000
4 recorded transactions
2020
Price N/A
2016
$110,000
2012
$22,000
2011
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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