3407 W Highway 98, Panama City, FL 32401

$900,000
Property Type: Commercial for Sale Square Footage: 7,525 Lot Size (sq. ft.): 70,132 Status: Sold
Current Price: $900,000 List Date: 1/13/2024 Last Modified: 10/04/2024

Overview

Description

Amazing opportunity to own fully developed site on W Highway 98. The AADT (annual average daily traffic) is reported at 38,000 which is one of the highest in the county. Property has +/- 275 fronting feet on W Hwy 98 with 3 entrances and exits. Other features include new LED parking lights, freestanding sign pole ready new business sign, existing walk-in cooler and freezer. There is also .40 +/- acres of open green space located at the back of the parcel that has many different uses. This property has many difference investment opportunities! Please verify all measurements if important.

Listing Details MLS# 751294

Contract Info

List Price/SqFt
132.29
Sub-Type
Other

Location

Area
02 – Bay County – Central
Street #
3407
Street Direction
W
Street Name
Highway 98
State
FL
Zip Code
32401
County
Bay
Sub Area
0203 – Bay – Central SW
Subdivision
[No Recorded Subdiv]
Community/Resort
None
Waterfront
No
Parcel ID
29033-000-000
Elementary School
Lucille Moore
Middle School
Jinks
High School
Bay
Directions
x
Legal Description
36 3S 15W W1/2 OF SW1/4 LOTS 2 TO 5 INC & 14 TO 17 INC LESS DOT R/W BLK 11 ORB 4365 P 164

General Property Info

List Class
Commercial
Construction Status
Construction Complete
Acreage
1.61
SqFt Tot Bldg
7525
Year Built
2006

Status Change Info

Under Contract Date
2024-01-13
Sold Date
2024-01-13
Sold Price/SqFt
119.6
Sold Price/Acre
559006.21

Listing Info, Tax and Legal

HOA Fee
No

Remarks & Misc

Remarks
Amazing opportunity to own fully developed site on W Highway 98. The AADT (annual average daily traffic) is reported at 38,000 which is one of the highest in the county. Property has +/- 275 fronting feet on W Hwy 98 with 3 entrances and exits. Other features include new LED parking lights, freestanding sign pole ready new business sign, existing walk-in cooler and freezer. There is also .40 +/- acres of open green space located at the back of the parcel that has many different uses. This property has many difference investment opportunities! Please verify all measurements if important.

More Information

Floors in Unit/Home

One
Yes
Listing Office: Seltzer Real Estate, LLC
Last Updated: October – 04 – 2024
Information deemed reliable but not guaranteed.