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415 Annie Lee Brock Rd
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415 Annie Lee Brock Rd
1.15 Acres of Commercial Land Offered at $550,000 in Panama City, FL 32409
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EXECUTIVE SUMMARY
Prime Panama City Investment: 1.15 Acres in a Great location Don't miss this rare opportunity to own a piece of prime real estate in Panama City's most vibrant tourist hub. This 1.15-acre lot boasts an unbeatable location, nestled amongst some of the city's top attractions and businesses, location with 29,000 daily traffic counts, providing endless opportunities for exposure and customer access. The property currently has a tenant in place, generating a reliable income stream with a cap rate of7%. The tenant would like to continue his lease for 3-5 years. You can also have your own business on the property, which includes a building with two offices and a workshop area. This makes it an ideal opportunity, call today!
PROPERTY FACTS Under Contract
1 LOT AVAILABLE
Lot
Price | $550,000 | Lot Size | 1.15 AC |
Price Per AC | $478,260.87 |
Price | $550,000 |
Price Per AC | $478,260.87 |
Lot Size | 1.15 AC |
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PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $25,915 | |
Land Assessment | $804,000 | Total Assessment | $930,670 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$804,000
Improvements Assessment
$25,915
Total Assessment
$930,670
ZONING
Zoning Code | PUD (Planned Unit Development) |
PUD (Planned Unit Development) |
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415 Annie Lee Brock Rd
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