For Sale
$225,000

7731 Us-231Panama City, FL 32404

60,000 sq ft, Hwy 231 Corner Lot

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 60,000 square foot commercial land parcel presents a remarkable investment opportunity in Panama City, Florida. Located at 7731 US-231, this shovel-ready site boasts a prime corner location directly across from a major intermodal distribution center, ensuring high visibility and accessibility. The property benefits from significant traffic volume, with an impressive 27,500 AADT (Average Annual Daily Traffic) and projected growth. The land has already been cleared and filled, eliminating costly site preparation, and sits at a desirable elevation of 55-60 feet above sea level. This is one of three equally sized adjacent parcels, offering a total of 600 feet of frontage and 4.1 acres. The property's strategic location is further enhanced by its proximity to the planned six-lane enhancement project on Highway 231 and the intersection of Highways 231 and 77, just ten miles away. This rapidly developing area is on the cusp of significant industrial expansion, with an additional 12.4 acres available for acquisition, presenting potential for substantial future growth and development. The asking price for this exceptional property is $225,000. This is a rare opportunity to secure a highly desirable commercial site in a thriving location. The property is zoned for commercial use and is ready for immediate development. Don't miss this chance to capitalize on the growth potential of this prime Panama City location.

Property Details for 7731 Us-231

Property type
Land
Square Feet
60,000 SF

Location Insight

City
Panama City
County
Bay
State
Florida
Latitude
30.276353
Longitude
-85.519143
7731 Us-231, Panama City, Florida

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7731 Us-231
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