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- LoopNet Team
4810 W Highway 98
Panama City, FL 32401
Land For Sale
·
4.77 AC
INVESTMENT HIGHLIGHTS
- Approx 40,000 cars per day , Heavy traffic. High Visibility.
PROPERTY FACTS
| Property Type | Land | Proposed Use | |
| Property Subtype | Commercial | Total Lot Size | 4.77 AC |
| Zoning | General Commercial 2 - 90% Impervious Use. No Maximum Heights. Setbacks Front 15ft, Side 5 feet, Rear 20 ft. | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 4.77 AC |
| Zoning | General Commercial 2 - 90% Impervious Use. No Maximum Heights. Setbacks Front 15ft, Side 5 feet, Rear 20 ft. |
DESCRIPTION
DEVELOPERS WANTED !!! This Premium 4.77 acre parcel is up for grabs. Just before you cross over the Hathaway Bridge in Panama City FL. Zoned General Commercial 2 , this valuable property is ready to be developed. The Impervious Surface use is 90% and the last updated height restriction (2019) says No Maximum Height. It has 180 feet of Highway 98 Road Frontage along with 580 feet of road frontage on 19th street. Property can be accessed by both roads with over 40,000 vehicles driving by per day. With this high volume of traffic connecting Panama City with Panama City Beach , the visibility alone makes this a win win. In close proximity to this parcel (about 1,000 feet ) is the Campus of Gulf Coast State College and less than half a mile is The PC campus of Florida State University. Port Panama City is across the highway and The Naval Support Base is just across the bridge. Tyndall Air Force Base is 20 minutes East and the World's Most Beautiful Beaches are right over the bridge. Proving the POWER of this Location. Property was previously the site of a popular hotel , however, with the damage due to Hurricane Michael, it has been removed and the property is ready to be developed into your next project, like a College Dorm, Hotel, Retail, Fueling Station, Beach Supply Store, Ect..... Property is 2.15 miles from Sam's Club, 2.87 miles from Beeline, 2.37 miles from Chevron and right next door to the Central Panhandle Association of Realtors. Your next profitable project starts right now with a phone call.
PROPERTY TAXES
| Parcel Number | 28274-000-000 | Improvements Assessment | $40,399 |
| Land Assessment | $966,938 | Total Assessment | $1,007,337 |
PROPERTY TAXES
