8501 Panama City Bch Pkwy Panama City Beach, FL 32407-4242

Property Details for 8501 Panama City Bch Pkwy

Lot size

1.34 lot acres

Zone code

BC05

Property type

Commercial land

APN

27543-000-000

APU

27543000000

Description

This exceptional 1.35-acre commercial land parcel presents a unique investment opportunity in the thriving Panama City Beach market. The property offers significant potential for retail development, boasting a highly desirable location directly in front of a newly constructed 312-unit apartment complex, ensuring a substantial and readily available customer base. With an average daily traffic count of 48,000 vehicles, this site offers unparalleled visibility and accessibility for any retail venture. The flexible build-to-suit (BTS) and ground lease (GL) options provide developers with the adaptability to tailor their projects to specific needs and maximize returns. Currently, one space is available for development, making this an ideal opportunity for a single tenant or a smaller multi-tenant development. The absence of an existing building allows for complete design control and the creation of a modern, efficient, and attractive retail space. This prime location, coupled with the high traffic volume and proximity to a large residential complex, guarantees a strong foundation for a successful and profitable retail establishment. The property's size and location make it an attractive proposition for a variety of retail uses, from restaurants and shops to service businesses. Don't miss this chance to secure a premier retail location in a rapidly growing area.