The Port has completed their development with construction of a 150,000-square-foot, $6 million distribution warehouse adjacent to and across from this property. Fedex will be located in this facility next to this 727 acre site. The listed site has potential written all over it! The Bay County Economic Development Alliance has tremendous incentives to assist anyone interested in bringing their project or manufacturing facility to this location. This is one of the last privately held large tracts close to Panama City currently zoned Timberland with functioning Rail line going alongside property on the east side by Hwy easement. It is 5 miles north of the highway 390 and 231 intersection and 9 miles north of the Panama City mall. The property is composed of two parcels. The first parcel # 05468-000-000 is approximately 525 +/- acres and is dissected by highway 231. The majority of the acreage on is on the west side of the highway and has about 2500 feet of highway frontage. The part of this parcel on the east side of the highway is about 80 acres and has over 2000 feet of rail frontage. It is just north of and adjoins the Panama City Port Authority's Inter Modal, Industrial Park development. This parcel has access to utilities provided by Bay County on the west side. Currently they extend to the Morningside housing development, immediately south. The second parcel # 03865-000-000 is 212+/- acres. It is located adjacent to and behind the Port Authority's Inter Modal site. The Panama City utilities department has the utilities for this property and they are in place adjacent to this site.
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