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Property profile & analytics
OFF-MARKET
Commercial real estate

622 Harmon Ave Panama City, FL 32401

Property ID
US18-4187906
Property summary
AI-generated overview

This exceptional 3,572 square foot commercial lot is ideally situated in Panama City, Florida's vibrant downtown district at 622 Harmon Avenue, zip code 32401. Zoned Commercial DTD, this cleared parcel presents a multitude of development opportunities. Its central location offers easy access to local businesses and amenities, making it suitable for various commercial ventures or multi-use residential projects. The property's versatility extends to potential use as additional parking for nearby businesses, capitalizing on the high demand for parking in the area. The parcel number is 19819-000-000. This represents a unique investment chance in the ongoing revitalization of downtown Panama City. Adjacent parcels are also available for purchase, presenting the possibility of acquiring a larger contiguous land holding. This prime location offers significant potential for growth and return on investment, making it an attractive proposition for discerning buyers seeking to participate in the exciting transformation of Panama City's downtown core. The property is ready for immediate development, offering a streamlined path to realizing your investment goals. Don't miss this opportunity to secure a piece of Panama City's thriving downtown.

Property profile
Verified
Property type Commercial real estate
UPID US18-4187906
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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