High & Dry Redevelopment Acreage on Hwy 390

Vacant Land for Sale
Catylist Listing ID: 30863396
Property Subtypes: Hospitality, Multi-Family, Retail
Gross Land Area: 4.75 Acres
Sale Price: $2,600,000
Unit Price: $547,368 Per Acre
Land Splits Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/18/2024

Overview / Comments

The most desirable large tract of land for development in Bay County, is now on the market. This 4.75 +/- acre site on Hwy 390 is cleared, high and dry, and perfectly positioned for retail, hospitality and many potential end users. Just east of Lisenby Ave., across from the Sweet Bay development, this offering features two adjacent parcels, (1330 and 1334 Hwy 390) with over 700 ft. of highway frontage. Contact your developers today, this is a dynamic opportunity.

Additional Details

Nearest MSA: Panama City
County: Bay
Tax ID/APN: 13085-000-000
Zoning: COMMERCIAL
Property Located Between: Lisenby Ave and Standford Rd, Across from Sweet Bay Development
Property Visibility: Excellent
Legal Description: 33 3S 14W -47.8- MAP 104C3 COM AT NE COR OF E1/2 OF NW1/4 OF NW1/4 OF SW1/4 TH S 50' TO S R/W 19TH ST W 128.99' FOR POB TH CONT W 204.60' S 608.12 E ALG S LINE 210.53' N 608.22' TO POB;LESS PRCL A OF -47- ORB 3948 P 855
Largest Nearby Street: Lisenby Ave.
Feet of Frontage: 725
Highway Access: Eastbound
Airports: ECC
Site Description: Previously used as income producing for storage and mobile homes. Good Elevation and no trees to remove.
Area Description: Across from growing Sweet Bay Development on newly widened 6-lane Hwy 390 (St. Andrews Blvd.)
Lot Frontage: 725
Lot Depth: 350-400
Zoning Description: GC-2
Topography: Level
Easements: Utilities

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,308 44,868 86,208
Median Age: 45.35 39.95 39.83
Households: 2,245 18,842 35,626

Contact

Photograph of Listing Agent

Brian Hinton

ERA Neubauer Real Estate Gulf Coast CMLS Member
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