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9446 Us-231
Panama City, FL 32404
Bay County 803 · Land For Sale · 803.00 AC

Investment Highlights

  • Zoned Ag-1, Strategic location in Panama City area
  • Ample acreage for commercial use
  • Proximity to key transportation routes
  • Ideal for industrial development
  • Opportunity for significant investment
  • Versatile land for various commercial applications

Executive Summary

Discover a prime opportunity for development in Bay County, Florida. Located just north of Panama City on U.S. Highway 231, the main artery connecting this burgeoning area of Florida’s panhandle to Interstate 10, the Bay County 803 tract offers the investor a variety of options on over 800 acres of real estate. Bordered on the south by Panama City Port Authority property and by Highway 231 and the Bay Line Railroad on the north, the tract also features easy access to existing utilities, including a main power transmission line, lending itself to an industrial use, with the appropriate zoning change. With a mitigation bank to the east limiting incompatible development, this property is easily envisioned as a high-end, large lot residential subdivision that could retain its rural charm. Currently used for timber production and wildlife-based recreation, the tract continues the area’s history as a premier forestry region within the state and the existing stands of planted pines can provide an ongoing source of revenue. Whether you are looking for a site to develop now or an investor looking to purchase a fine timber and recreational property in the path of future progress, Bay County 803 is available to you.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Agricultural
Proposed Use
Commercial
  • Industrial
  • Agricultural
Total Lot Size 803.00 AC
Zoning Ag-1 - Agricultural Land

1 Lot Available

Lot

Price $5,377,866 CAD
Price Per AC $6,697.22 CAD
Lot Size 803.00 AC

The land is currently used for timber production and wildlife-based recreation.

Description

The Bay County 803 tract consists of more than 800 acres located in Bay County, Florida, approximately 12.5 miles north of Panama City and about 10 miles from the intersection of U.S. Highway 231 and State Road 20. The property is bordered by Panama City Port Authority land to the south and by U.S. Highway 231 and the Bay Line Railroad to the north. Existing utility infrastructure in the area includes access to power transmission service. A mitigation bank is located to the east of the property. Current uses include timber production and wildlife-based recreation, with established planted pine stands on site. The location provides access to U.S. Highway 231, a regional transportation corridor connecting Panama City to Interstate 10, and offers proximity to industrial, transportation, and forestry-related land uses within Bay County.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 03841-000-000
  • 03861-000-000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$199,217 CAD
  • Listing ID: 41951420

  • Date on Market: 2026-08-31

  • Last Updated:

  • Address: 9446 Us-231, Panama City, FL 32404

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