For Lease
$120,000/SF/YR

1212 US-98 BUS Panama City, FL 32401

0.81-acre commercial ground lease in St. Andrews.

Source: https://www.saltercompany.com

Overview

Added:
Mar 25
Days on market:
31
Exceptional ground lease opportunity in Panama City, Florida, encompassing approximately 0.81 acres (35,544 square feet) of land situated on Beck Avenue. This prime location boasts high visibility and accessibility, with approximately 234 feet of frontage on a road experiencing 10,000 vehicles per day. The property offers ample on-site parking. Its strategic location within the revitalized Historic St. Andrews district provides scenic views, proximity to shopping, dining, and entertainment options. Neighboring businesses include a Shrimp Boat restaurant and St. Andrews Marina. The area benefits from ongoing revitalization efforts, including streetscape improvements and new construction, stimulating economic growth. The property enjoys convenient access to major national retailers and restaurants such as Walmart, Sam's Club, Home Depot, Lowe's, Publix, Target, and numerous fast-food chains. The annual lease rate is $120,000. This presents a unique chance to capitalize on the growth and vibrancy of this desirable location. The property is zoned for commercial use.

Highlights

  • Prime 0.81-acre ground lease in Panama City, FL, ideal for development.
  • High visibility location on Beck Ave with 234' frontage and 10,000 vehicles per day.
  • Near St. Andrews Marina, restaurants, and major retailers like Walmart & Home Depot.

Property Details for 1212 US-98 BUS

Property type
Land, Commercial land
RSF (Rentable sq. ft)
41,945 SF
USF (Usable sq. ft)
41,945 SF
Elevators
N/A

Location Insight

City
Panama City
County
Bay
State
Florida

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FAQs

What type of property is this?
Land - 0.81-acre commercial ground lease in St. Andrews.
Where is the land located?
The property is located at 1212 US-98 BUS Panama City, FL.
What is the lease rate?
The lease rate is $120,000/SF/YR.
What are key features of this property?
This property features: Prime 0.81-acre ground lease in Panama City, FL, ideal for development.; High visibility location on Beck Ave with 234' frontage and 10,000 vehicles per day.; Near St. Andrews Marina, restaurants, and major retailers like Walmart & Home Depot.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
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(850) 434-3434

Contacts

Paul Salter
Visit Broker Website

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1212 US-98 BUS
Panama City, FL 32401

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1212 US-98 BUS
Panama City, FL 32401

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

1212 US-98 BUS
  • Paul Salter
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