610 Kimbrel Ave Panama City, FL 32404
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.