2531 Highway 77 Land/Development
  • Asking Price
    $300KAsking Price
  • Acres
    ~3.80 acAcres
  • Highest & Best Use
    Retail; Ser…Highest & Best Use
  • Utilities
    Storm WaterUtilities
  • Property Type
    Land/Develo…Property Type
  • Access Frontage
    Access alon…Access Frontage

Description

2531 Florida 77 is a 3.8-acre commercial land offering in Panama City, FL, in the Hwy 77 submarket. Access along Hwy 77 near the Hwy 77 and 23rd St signalized intersection gives buyers a clear starting point for planning the site’s commercial use.

The property’s highest and best use is identified as retail, service, or commercial. That range gives a buyer room to shape a plan around the intended business or development concept rather than an existing building layout. Storm water is identified among the property’s utilities. For an owner-user, the acreage and Hwy 77 access put the focus on how a future operation would occupy the site. For a developer, those same facts frame the work of matching a site plan to the desired use.

Offered for sale at $299,900, or $78,921.05 per acre, 2531 Florida 77 presents a land acquisition for a buyer pursuing a retail, service, or commercial plan in Panama City. The access point near a signalized intersection is relevant to how customers, employees, and service vehicles would approach a future business. The acreage gives the buyer a defined site to plan around, while the identified uses provide direction for the type of project to pursue. The opportunity is to acquire the land and advance a plan suited to the buyer’s own operation or development strategy.

Offering Summary

  • Asking Price
    $299,900
  • Price/Acre
    $78,921.05
  • Property Type
    Land/Development
  • Properties
    1
  • Total Acres
    ~3.80 ac

Documents

Property Address

2531 Highway 77
Panama City, FL 32405

Property Details

  • Property Type
    Land/Development
  • Acres
    3.80
  • Access Frontage
    Access along Hwy 77, near the Hwy 77 & 23rd St signalized intersection
  • Utilities
    Storm Water
  • Highest & Best Use
    Retail; Service; Commercial

Deal Team

Christian Penny profile image

Christian Penny

Commercial Advisor
Premier Commercial Group
FL RE Lic. SL3712546