225 Tyndall Pkwy Panama City, FL 32404-6739
This 34,848 square foot vacant land parcel, located at the signalized intersection of South Tyndall Parkway and Cherry Street in Panama City, Florida (zip code 32404), offers exceptional visibility and accessibility. Boasting over 270 feet of frontage on Tyndall Parkway, this 0.8-acre site enjoys daily traffic counts exceeding 42,000 vehicles, serving the communities of Tyndall Air Force Base, Callaway, and Springfield. The property is part of a shopping center undergoing redevelopment following Hurricane Michael, anchored by Grocery Outlet and Big Lots. Pre-approved plans and engineering are in place, including utilities, parking, easements, stormwater management, and DOT road cuts. This ready-to-build site is ideally suited for a variety of uses, such as quick-service restaurants (QSRs), banks, auto stores, medical facilities, or office spaces. The asking price is $800,000. The City of Callaway is experiencing significant growth fueled by the $5.2 billion rebuild of Tyndall Air Force Base, presenting a strong investment opportunity.
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Grocery Outlet Grocery & Convenience Store Food Market
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Big Lots! Department Store
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LibertyX Bitcoin ATM Atm
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
CLWY04 · Panama City, FLPanama City. Always verify with local authorities before improvements.
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.