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- LoopNet Team
1607 Transmitter Rd
Panama City, FL 32404
Land For Sale
·
8.39 AC
INVESTMENT HIGHLIGHTS
- $24MM Bulk Sale Value
- 87 Townhome Unit Development near Tyndall Air Force Base
- Development Order in Place
PROPERTY FACTS
DESCRIPTION
Excellent Development Opportunity Near Tyndall Air Force Base. This site has a development order in place for 87 unit townhome development with full engineering plans, with R3 Zoning. Conveniently located on Tyndall Parkway and Transmitter Road, this development would bring much needed housing for incoming military families and/or provide more housing from the housing shortage caused by Hurricane Michael. Tyndall Air Force Base has a scheduled installation project for rebuilding the base at $4.9 Billion, adding 120 new buildings and being slated as the ''base of the future''. Parcels 14825-015-000 and 14825-015-000 are being sold together (8.39 acres). There is a possible option for an additional 14 units. Engineering plans and information sent by request.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $64,810 | |
| Land Assessment | $465,684 | Total Assessment | $530,494 |
PROPERTY TAXES
