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Property profile & analytics
OFF-MARKET
Commercial real estate

610 Kimbrel Ave Panama City, FL 32404

Property ID
US18-3321957
Property summary
AI-generated overview

This exceptional 146,797 square foot lot, located at 610 N Kimbrel Avenue in Panama City, Florida (zip code 32404), presents a unique development opportunity. Zoned M-RM-6 in Callaway, this property boasts significant advantages for prospective buyers. The expansive lot size offers considerable flexibility for various projects. All utilities are readily available, simplifying the development process and reducing upfront costs. The property benefits from good elevation, ensuring minimal drainage issues and providing a solid foundation for construction. Access is excellent, with over 230 feet of frontage on Kimbrel Avenue, providing ample space for convenient ingress and egress. For qualified buyers, the owner is offering financing options, making this prime development land even more accessible. This is an exceptional opportunity to acquire a substantial parcel in a desirable location with significant potential for future growth and return on investment. The property is situated in Bay County, Florida, at coordinates 30.158357 latitude and -85.581537 longitude. The asking price for this remarkable property is $175,000.

Property profile
Verified
Property type Commercial real estate
UPID US18-3321957
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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