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4335 N US 231 Hwy
Panama City, FL 32404

Site 1 · Land For Sale · 0.58 AC

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INVESTMENT HIGHLIGHTS

2.31-acre lot of land with dedicated turn lane and median cut into property from Highway 231.
High visibility: property passed by 34,000 daily drivers.

Located 5 miles southeast of Port Panama City Intermodal Distribution Center: close to new residential communities (1,000 homes).

EXECUTIVE SUMMARY

Opportunity to purchase +/-0.38-acre pad ready development site with Tenants in Common to +/-1.93 acres of Common Area consisting of an existing 99 unit parking lot with stormwater in place. Co-Owners of the Common Area are Dollar General and Taco Bell creating a retail cluster located 1/3 of an acre from the new Publix entrance. Located in an area of rapid residential growth with multiple new subdivisions being developed to accommodate the 2.7% population growth in the Panama City Metro Area, top 15 cities in Florida for growth. The site is accessible through a turn lane and median cut off of Hwy 231 as well as Pipeline Road which also has a turn lane where it meets Hwy 231. Pad-site will accommodate a 13,200 Sq.Ft. building (Site Plan available). Landlord is currently offering Preleasing Opportunities.

PROPERTY FACTS Under Contract

Sale Type	Investment	Property Subtype	Commercial
No. Lots	1	Proposed Use	Commercial Industrial Retail Storefront, Retail or Office
Property Type	Land	Total Lot Size	0.58 AC

Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Industrial Retail Storefront, Retail or Office
Total Lot Size	0.58 AC

1 LOT AVAILABLE

Lot

Price	$499,000	Lot Size	0.58 AC
Price Per AC	$856,211.39

Price	$499,000
Price Per AC	$856,211.39
Lot Size	0.58 AC

0.38-acre pad ready for development and 1.93 acres of common area with stormwater in place.

PROPERTY TAXES

Parcel Numbers	Multiple 05919-040-000 05920-000-000	Improvements Assessment	$333,314
Land Assessment	$572,224	Total Assessment	$905,538

PROPERTY TAXES

Parcel Numbers

Multiple

05919-040-000
05920-000-000

Land Assessment

$572,224

Improvements Assessment

$333,314

Total Assessment

$905,538

ZONING

Zoning Code	Commercial (Commercial)
Commercial (Commercial)

Listing ID: 33858647
Date on Market: 11/13/2024
Last Updated:
Address: 4335 N US 231 Hwy, Panama City, FL 32404

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