Property summary
This exceptional commercial property, located at 2742 E Highway 390 in Panama City, Florida, offers 3,067 square feet of space on a 1.136-acre lot (49,658.4 sq ft). Boasting 136 feet of highway frontage, it enjoys high visibility and ample parking. The building, constructed in 1990, features four spacious rooms and three full bathrooms, catering to diverse business needs. A well-equipped kitchen includes a double oven, U-shaped island, and ample cabinetry. A fireplace in the large living area adds a welcoming touch. An attached three-car garage provides additional storage. Utilities include a private well and septic tank, with a owned water softener and public sewer available. The property benefits from a durable metal roof and a recently installed AC unit, ensuring year-round comfort. An alarm system enhances security. Zoned C1-Neighborhood Commercial, this property is situated in a high-traffic area with an AADT of 15,500 vehicles (2020 data) and is located in the desirable X flood zone. Asking price is $799,900. This presents a significant investment opportunity for businesses seeking high visibility and accessibility in a growing area.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning