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
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Additional Details
| Nearest MSA: |
Panama City |
| County: |
Bay |
| Tax ID/APN: |
07981-000-000 |
| Zoning: |
RESIDENTAL & C3 |
| 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 |
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 |
|
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