2908 Forester TrlPanama City, FL 32405

  • Land
  • 1.15 AC
For Sale
$109,250 View listing

Property Details for 2908 Forester Trl

Lot size
1.15 AC
Property type
Land
Property subtype
Commercial land
APN
14907-100-150
APU
14907100150

Description

This exceptional 50,094 square foot commercial land parcel presents a unique investment opportunity in Panama City, Florida's thriving Cedar Grove Commerce Park. Located within Bay County's rapidly expanding East Avenue corridor, this property is ideally suited for a variety of commercial uses. The site is fully planned and ready for development, making it an attractive option for businesses seeking a strategic location with excellent infrastructure. Zoned for light manufacturing and assembly, transportation and warehousing, personal services, showrooms, and communication facilities, this versatile lot offers significant potential for growth and profitability. Prospective buyers should be aware that the property is subject to recorded covenants, codes, restrictions, and landscaping requirements, details of which are available upon request. The asking price for this prime commercial land is $109,250. The address is 2908 Forester Trail, Panama City, FL 32405. This is a rare opportunity to acquire a well-situated parcel in a high-growth area, offering substantial returns for the discerning investor. Don't miss out on this chance to secure your place in one of Panama City's most promising commercial developments. Act quickly, as this property is expected to generate significant interest.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $10,490,891
    Hospitality
    $9,609,600
    Educational
    $7,995,074
    Medical
    $8,270,037
    Retail
    $12,436,782
2908 Forester Trl, Panama City, Florida

Location Insight

City
Panama City
County
Bay
State
Florida
Latitude
30.1809
Longitude
-85.6159
CBSA code
37460
CBSA name
PANAMA CITY-LYNN HAVEN, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,030
$102,350
-
$102,350
-
$102,350
-
$102,350

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