0000 Hwy 77

Vacant Land for Sale
Catylist Listing ID: 30786045
Gross Land Area: 3.23 Acres
Sale Price: $530,000
Unit Price: $164,086 Per Acre
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 5/12/2022

Overview / Comments

Commercial property has great potential with frontage on Hwy 77 and potential water access to the Gulf of Mexico. This 3.23 +/- Acres of vacant land with approximately 447 feet of frontage on Hwy 77 just 2 miles north of the Bailey Bridge in South Port is located in a growing area of Bay County. It is zoned C3 - General Commercial and Residential 2 - Low Density. Rezoning of the property to C3 would be favorable according to the Bay County Rezoning Department and would allow for all of the same uses as C1 & C2. D.R. Horton's Fanning Bayou as on of the up and coming residential community just east of Hwy 77 has added to the fast growing community. AADT - Average annual daily traffic count is 28,000 cars.

According to the seller, the property waterway had been dredged to allow shrimp boats to access the water side of the property. The property does have wetlands that will need to be researched with the EPA and the Army Corp of Engineers.All information provided by the seller will need to be verified

Additional Details

Nearest MSA: Panama City
County: Bay
Tax ID/APN: 07981-000-000
Legal Description: 27 2S 14W -59- 101A2- N1/2 OF S1/2 OF SW1/4 OF NW1/4 W OF SR 77 & BEG NW COR S1/2 OF SW1/4 OF NW1/4 E 781 SE 30' SW 186' W 660' N 132 TO POB LES S PCL SUBJ TO R/W ESMT ORB3002 P 619 ORB 224 P 68 ORB 1593 P 418 LESS HWY 77 R/W DOT PRCL# 159 ORB 3762 P 1897
Feet of Frontage: 447

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,363 5,693 30,978
Median Age: 44.72 45.88 40.3
Households: 982 2,347 12,256


Photograph of Listing Agent

Ric Holt

RC Real Estate Group Gulf Coast CMLS Member
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