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5122 11Th Ct Panama City, FL 32404

OFF-MARKET Specialty properties Google Maps
Estimated value
No estimation on file for this property yet.
Property ID US19-0434563

Property summary

AI-generated overview

This exceptional commercial property in Panama City, Florida, presents a unique investment opportunity. Located at 5122 E 11th Court, this 49,615 square foot lot is priced at $60,000. Its strategic location within a bustling area ensures convenient access and high visibility, attracting a steady stream of potential customers. The property's ample space allows for substantial construction, expansion, or ample parking, catering to diverse business needs. The area is experiencing rapid growth, surrounded by both commercial and residential developments, further enhancing its value and potential for return on investment. Essential utilities, including water, electricity, and sewage, are readily available, simplifying the development process. The property's commercial zoning provides flexibility for a wide range of business ventures, making it an ideal canvas for entrepreneurs and investors alike. This is a rare chance to acquire a significant parcel of land in a thriving Florida market, offering substantial potential for future growth and profitability. Don't miss this opportunity to secure a prime piece of Panama City real estate. The zip code is 32404.

Property profile

Verified
Property type Specialty properties
UPID US19-0434563

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
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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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