4127 Highway 98Panama City, FL 32401

  • Commercial land
  • 5,104 SF
For Sale
$1,394,000 View listing

Property Details for 4127 Highway 98

Year built
1976
Construction
WOOD FRAME
Lot size
0.77 AC
Property size (Sq ft)
5,104 SF
Zone code
PC09
Property type
Commercial land
APN
28364-000-000
APU
28364000000

Description

This 0.77-acre commercial lot, located at 4127 W Highway 98 in Panama City, Florida (zip code 32401, APN 28364-000-000), presents an exceptional investment opportunity. The property is zoned City, Commercial, General Commercial, offering significant flexibility for development. With a daily traffic count of 43,500 vehicles, this location boasts unparalleled visibility and accessibility. Previously improved and subsequently demolished, the land is now a clean slate, ready for your vision. The asking price is $1,394,000, translating to a land value of $1,810,389.61 per acre. This prime location in Bay County, Florida, offers a unique chance to capitalize on high traffic volume and favorable zoning regulations. The site's history of previous improvements simplifies the permitting process, reducing potential development hurdles. This property is ideal for a wide range of commercial ventures, making it a compelling investment prospect. Its strategic location and high traffic count ensure maximum exposure for any business established on this site. Don't miss this chance to acquire a highly desirable commercial parcel in a thriving Florida market.

4127 Highway 98, Panama City, Florida

Location Insight

City
Panama City
County
Bay
State
Florida
Latitude
30.1804
Longitude
-85.7146
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
$5,206
$347,269
-
$347,269
-
$347,269
-
$347,269

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