Prime Commercial Corner Double Lot In Panama City Beach

Vacant Land for Sale
Catylist Listing ID: 30741450
Property Subtypes: Office, Retail, Retail-Pad, Other
Gross Land Area: 1.15 Acres
Sale Price: $2,950,000
Unit Price: $2,565,217 Per Acre
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/22/2021

Overview / Comments

Rare opportunity for a 1.15 acre double commercial lot on one of the busiest intersections in PCB. Location for this parcel is a Prime golden opportunity for construction of an office building, a Real Estate office, a Bank with plenty of parking, or for a fast food restaurant, carwash, or any commercial designation. A set of Architectural plans of this property are included and added to the Documents of this Listing, to give the Buyer a template on which to create his own plans.
All of this land adjoins the Parcel B to the north off Hwy 79, which is a part of this Parcel A and they will be sold together as one Large Tract of Commercial Land.

Additional Details

Nearest MSA: Panama City
County: Bay
Taxing Authority: Bay County
Tax ID/APN: 33062-020-000
Zoning: HIGH DENSITY COMMERCIAL
Property Located Between: Corner of Hwy 98 and Hwy 79
Property Visibility: Excellent
Legal Description: GULF HIGHLANDS U#2-2.020- 29B2 BEG AT INTERSECTION OF WLY R/W OF SR# 79 WITH NLY R/W OF SR# 30-A TH NWLY 165.10' NELY 165' SELY 159.33' SWLY 165.10' TO POB DOT R/W PRCL #100 HAS NOT BEEN REC. OR WORKED 9/6/02 ORB 3530 P 990 GULF HIGHLANDS UNIT #2 2 TRIANGULAR PRCLS IN SE COR MARKED BUSINESS & MOTEL AREA BEING 390.6' ON HWY 98 & 389' ON SR#79 LESS TO EMERALD COAST BANK,WAFFLE HOUSE & APPLEFIELD AND LESS HWY 79 R/W ORB 3530 P 990
Feet of Frontage: 220
Highway Access: Hwy 98 and Hwy 79
Airports: ECP
Site Description: Two adjoining lots
Lot Frontage: 200 & 220
Lot Depth: 190 & 110
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer, Cable, Internet Access

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,032 9,880 13,108
Median Age: 45.95 42.36 44.22
Households: 926 4,331 5,870

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