Hwy 390 & Lisenby Ave.

Vacant Land for Sale
Catylist Listing ID: 30294383
Property Subtypes: Agricultural, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad
Gross Land Area: 2.97 Acres
Sale Price: $899,000
Unit Price: $302,693 Per Acre
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 12/10/2018

Overview / Comments

Strategically located at the northwest corner of Highway 390 and Lisenby Avenue. The 2.9 6 acre site is ideal for many commercial uses. The D.O.T. is in the process of widening Highway 390 to 6 Lanes. A small portion of the corner of the property was taken for the road widening, but it effectively made the site a corner location at the signalized intersection, which also serves as the primary entrance to the SweetBay Subdivision and University Academy (the former Airport site). Currently zoned R-1, Single-Family Residential in unincorporated Bay County. The adjacent properties are zoned C-3, General Commercial. We would not anticipate re-zoning or annexing into the City of Panama City to be an issue.

Additional Details

Nearest MSA: Panama City
County: Bay
Property Visibility: Excellent
Legal Description: 30 3S 14W -62.1- MAP#-91B2- ST AND BAY DEV CO PLAT COM AT SW COR OF LOT 44 TH E 238.39' FOR POB TH E 391.12' TO W R/W LISENBY AV N 284.25' TO SLY R/W OF 28TH CT NWLY 87.79' W 329.85' S 328.44' TO POB BEING PART OF LOT 44 LESS .008AC TO DOT R/W ORB 3801 P 638
Largest Nearby Street: Lisenby
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,308 44,868 86,849
Median Age: 45.35 39.95 39.84
Households: 2,245 18,842 35,944


Photograph of Listing Agent

Christopher McCall

Counts Real Estate Group Gulf Coast CMLS Member
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