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2105 Martin Luther King Jr Blvd
Panama City, FL 32405
Land For Sale · 0.98 AC

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INVESTMENT HIGHLIGHTS

  • Excellent location next to the highly trafficked intersection of 23rd St & MLK Jr Blvd, which experiences over 58,000 cars per day.
  • Located in the core retail trade area for Panama City, FL.
  • Nearby to numerous national retailers, restaurants, and entertainment.
  • High visibility, signaled intersection, and ample parking make the site ideal for a QSR or retail user.

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Restaurant
Total Lot Size 0.98 AC
Opportunity Zone Yes
Zoning COM - General Commercial

1 LOT AVAILABLE

Lot

Price $1,652,268 CAD
Price Per AC $1,685,987.69 CAD
Lot Size 0.98 AC

.98-Acre retail/restaurant outparcel opportunity

DESCRIPTION

Excellent build-to-suit opportunity located in the heart of Panama City, FL. The +/- .98-acre property is located along E 23rd St & Martin Luther King Jr Blvd, in the core retail trade area for Panama City. This location is ideal for a retailer or restaurant user. The property has excellent visibility and access, located along the highly trafficked Martin Luther King Jr Blvd (22,500 AADT). Across the street from the site is Bay City Point Shopping center, which is comprised of 200,000 SF and the Panama City Mall. Traffic volumes, accessibility, and demographic growth of the immediate trade area have attracted numerous national retail brands to the trade area. National retailers and restaurants include Target, Home Depot, Best Buy, Lowe’s Bealls Outlet, Hobby Lobby, Dillards, JC Penny, Ulta, Burlington, Ross, Mcdonalds, Chipotle, Panera, and many more.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
14412-010-000
Land Assessment
$954,316 CAD
Improvements Assessment
$19,294 CAD
Total Assessment
$973,610 CAD
  • Listing ID: 28314218

  • Date on Market: 2023-04-25

  • Last Updated:

  • Address: 2105 Martin Luther King Jr Blvd, Panama City, FL 32405

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