This exceptional 0.238-acre commercial land parcel presents a remarkable investment opportunity in Panama City Beach, Florida. Located at 1707 W 15th Street, this 10,454 square foot lot boasts 80 feet of frontage on a high-traffic corridor, experiencing an impressive annual average of over 35,000 vehicles per day. Its dimensions measure 80 feet wide by 130 feet deep, providing ample space for a variety of commercial developments. The property is completely vacant, free from existing structures, simplifying development plans. The seller is prepared to clear the land upon execution of a purchase contract, further streamlining the process for the buyer. Situated in Bay County, Florida, with the zip code 32401, this property offers excellent visibility and accessibility, making it an ideal location for businesses seeking high exposure. The asking price for this strategically located commercial land is $139,000. Don't miss this chance to acquire a prime piece of real estate in a thriving coastal community.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$2,178,026
Hospitality
$1,995,060
Educational
$1,659,867
Medical
$1,716,952
Retail
$2,582,015
Location Insight
City
Panama City
County
Bay
State
Florida
Latitude
30.1751
Longitude
-85.6875
CBSA code
37460
CBSA name
PANAMA CITY-LYNN HAVEN, FL METROPOLITAN STATISTICAL AREA
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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.
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