+/- 1950ac Development Tract

Investment Overview

The subject +/-1,946 acre property is located on Old Majette Tower Rd and has .6 miles of frontage on John Pitts rd. Municipal utilities run along John Pitts Rd as well as the neighboring, Bay County owned HG Harder's Park to the West. Currently under Panama City Zoning - Silviculture, with a Future Land Use of Urban Community. Under the Panama City FLU of Urban Community the site is positioned for expansive residential and commercial development. With access to Highway 231, the site allows for easy commuting to The Beaches of Panama City, Tyndall Air Force Base, and major transportation arterials.

Investment Highlights

• Municipal Utilities available to the site
• Access along Old Majette Tower Rd and John Pitts Rd
• Adjacent to Highway 231; allows for quick commuting to The Beaches of Panama City, Tyndall Air Force Base, and major transportation arterials.
• Panama City Future Land Use of Urban Community, allowing for large residential and commercial development
• Strong demographics with an average household income within 1 mile of: $82,118