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    4100 Highway 98 W Panama City, FL 32405
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    Property profile & analytics

    4100 Highway 98 W Panama City, FL 32405


    • Turn key restaurants
    • 2,210 SF
    • 0.15 lot acres
    Commercial Property with Development Potential For Sale
    $2,070,000

    Commercial Property with Development Potential

    Mixed-use commercial location with development potential.

    4100 W Hwy 98, Panama City, FL 32405
    View Listing
    Property ID
    US18-3128788
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • The Ice Cream Shop ( Ramon's Pizza) / Restaurant

    Property Details for 4100 Highway 98 W

    Year built
    1979
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.15 lot acres
    Property size
    2,210 SF
    Zone code
    PC09
    Property type
    Turn key restaurants
    APN
    28215-000-000
    APU
    28215000000

    Description

    This exceptional 78,408 sq ft commercial property, located at 4100 W Hwy 98 in Panama City, Florida (zip code 32405), presents a unique investment opportunity. Built in 1983, the property boasts a versatile layout currently encompassing a restaurant, mini-warehouses, and residential rental units. Its strategic corner location at the intersection of Hwy 98 and Grant Avenue offers significant visibility and accessibility. The property measures approximately 330 feet along Hwy 98 and 232 feet along Grant Avenue. The asking price is $2,144,900. Its diverse existing uses and substantial size suggest significant development potential. The property's zoning and permitted uses should be verified independently. Consider the possibilities for a motel, gas station, or fast-food establishment, capitalizing on the high traffic volume of this prime location. This is an ideal opportunity for an investor seeking a multi-faceted commercial property with substantial upside potential in a thriving Florida market. The property is classified as Special Purpose.


    Value Estimations

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    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Bay
    State
    Florida
    Longitude
    -85.7131
    Latitude
    30.181
    CBSA code
    37460
    CBSA name
    PANAMA CITY-LYNN HAVEN, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,675
    $67,980
    $79,661
    $147,641
    -
    $67,980
    $79,661
    $147,641
    View Listing
    More about this property
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