Property profile

4604 Britton Rd Panama City, FL 32405

FOR SALE
Land
Property ID
US19-0330725
3.77 ac lot
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Property summary

AI-generated overview

This exceptional 3.77-acre commercial land parcel presents a unique investment opportunity in Panama City, Florida. Located at 4604 Britton Rd, this property boasts a convenient location with a 32405 zip code. The lot is characterized by its irregular shape and level terrain, currently zoned for single-family residential use. However, its size and location offer significant potential for various commercial developments, subject to necessary approvals and permits. The property features a wooded landscape and is situated on a dead-end road, providing a degree of privacy and tranquility. With a total area of approximately 164,221 square feet, the land offers ample space for a wide range of commercial projects. The asking price is $339,000. The property's APN is 11523-050-000. This is a rare opportunity to acquire a substantial land parcel in a growing area of Panama City, offering significant upside potential for the right buyer. Serious inquiries are encouraged to explore the possibilities this property presents. Further due diligence is recommended to confirm zoning and development potential.

Property profile

Verified
Property type Land
Lot 3.77 ac (164,221 SF)
UPID US19-0330725

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4604 Britton Rd Panama City, FL 32405
Panama City metro
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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