Large scale commercial development opportunity! This property includes approximately 239 acres, with 90 acres along 1-10 designated with future land use as Commercial. It has about 1/3 mile frontage along I-10. It's the perfect location for a warehouse/distribution center with relatively close proximity to Northwest Florida Beaches International Airport and the Port of Panama City. There is an engineered lake on the property that could be drained with turn of a few valves. There is a county approved, but unused, clay pit is also on the property, so a developer can use his own fill material or dirt when building. The property has significant elevation from the low point to the high point and depending on the buyer's intended use there is plenty of material already on the parcel to significantly reduce the need for further fill. The Hwy 277 intersects with Hwy 79 and has an overpass over I-10 and might be a possibility if the buyer would like to pursue building an off ramp. There are multiple billboard licenses that will transfer with the parcel and provide significant annual income to the parcel.
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