For Sale
$585,000

2435 Douglas RdPanama City, FL 32405

$585,000 - 13.27 acres, flexible zoning.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 13.27-acre vacant land parcel presents a unique investment opportunity in Panama City, Florida. Located at 2435 Douglas Road, zip code 32405, this expansive property boasts 578,041 square feet and offers remarkable versatility. Its strategic location within Bay County's thriving economic hub provides easy access to major transportation arteries, including US-98, Highway 231, and I-10, ensuring seamless distribution and convenient access to retail amenities. The property's flexible zoning allows for a wide range of potential uses, including secure lay-down yards, manufacturing facilities, distribution centers, multi-family residential development, and mobile home parks. The robust and expanding industrial market in Panama City, further bolstered by the recent $5.2 billion reconstruction of Tyndall Air Force Base (the largest MILCON project in military history), makes this a particularly attractive investment. This prime location offers significant potential for substantial returns, making it an ideal opportunity for discerning investors seeking a versatile and strategically located property in a rapidly growing area. The property's size and location provide a strong foundation for a variety of development projects, capitalizing on the region's economic momentum and infrastructure advantages.

Highlights

  • $585,000 asking price.
  • 13.27-acre vacant land parcel.
  • Located at 2435 Douglas Road, Panama City, FL 32405.
  • 578,041 square foot lot size.
  • Excellent access to US-98, Highway 231, and I-10.

Property Details for 2435 Douglas Rd

Property type
Land

Location Insight

City
Panama City
County
Bay
State
Florida
Latitude
30.191424
Longitude
-85.6309222
2435 Douglas Rd, Panama City, Florida

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2435 Douglas Rd
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