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Property profile & analytics
OFF-MARKET
Commercial real estate

6902 Highway 2301 Panama City, FL 32404

Property ID
US18-3444955
Property summary
AI-generated overview

This exceptional 4.6-acre property, located at 6902 Highway 2301 in Panama City, Florida (zip code 32404), presents a remarkable investment opportunity. Boasting an impressive 200,376 square feet of land and approximately 335 feet of highway frontage, this site offers unparalleled visibility and accessibility. Currently zoned for mobile homes and townhomes, the property holds significant potential for redevelopment. Bay County has indicated a willingness to consider rezoning requests for Neighborhood Commercial use, making it ideal for a variety of commercial ventures. The property's strategic location benefits from exceptionally high traffic volume. A 2022 Florida Department of Transportation (FDOT) traffic count recorded over 8,000 vehicles daily, a number likely significantly increased due to recent area growth. This prime location, coupled with its size and rezoning potential, makes this an exceptional opportunity for investors seeking high-impact commercial development in a thriving market. The asking price for this unique property is $399,700.

Property profile
Verified
Property type Commercial real estate
UPID US18-3444955
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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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