Investment Overview
Seize this opportunity with a development order in place for a 7,200 SF warehouse/office/showroom or automotive space. Interior buildout and finishes are flexible, tailored to owner or tenant desires. This 1.14± acre parcel, zoned General Commercial in Panama City's Gateway district, sits prominently on the corner of Business 98 and Center Avenue, serving as a pivotal location on this major military corridor. Just 1.5 miles from the Bay Medical Center and two miles from Downtown, this central site lies on the primary artery connecting Downtown Panama City and Tyndall Air Force Base. With Tyndall's projected growth and reconstruction set to increase personnel requirements by over 8,000 service members and their families, this area is primed for remarkable development.
Investment Highlights
- Development Order in Hand for 7,200± SF Warehouse
- 1.14± Acres Consisting of 2 Vacant Parcels
- Lot Frontage of 240± Feet and Depth of 230± Feet.
- Desirable Location Directly on Business 98.
- Only 1.5 miles from Bay Medical Center and the Panama City Police Department.
- Tyndall Air Force Base Service Area.