4+/- Buildable commercial acres located on Hwy 231 between I-10 & Panama City, FL. Total acreage offered with this listing is 11.5 acres for $550,000. This acreage includes the Hwy. 231 frontage between Betts Rd. & Hwy 167 (Panama City cutoff). It is just North of Hwy 20. $500 annual income from billboard lease. This is on a Major Hwy and is ready for your business. Property includes two metal buildings one is 3200 sq.ft. with heat and the other is 5000 sq. ft. Well and septic are in place. There is a 4,000 sq. ft. paved drive and parking area between the two buildings. Property is in Bay County. Owner financing available! Possible additional 1/2 acre available for an additional $200,000. This property has a communications tower that is currently under lease and brings in $667 per month. Neighborhood Description 16 miles South of I-10 on the Northbound side of Hwy. 231. 24 miles North of Panama City. Hwy. 231 is a four lane highway that is a popular corridor between I-10 and the Panama City Beaches. It sees high traffic volumes of commuters, tourists, and commercial traffic. New industries have been approved along this highway and significant growth in traffic is expected that will benefit any commercial enterprise located on this site. The new International Airport located in Panama City Beach will be only approx. 40 miles away in 2009/2010.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
