1000 THOMAS DR, PANAMA CITY, FL 32408
$2,700,000
Commercial Property
MLS# 506767
ID: 19418916
|
|
BANK FORECLOSURE OPPORTUNITY: 40.4 Acre of land in an incredible location with a multitude of possibilities. Developer ready! Most due diligence has been performed for this property. Environmental Studies and permits approved by DEP & ACOE. Approved density is R-5 (multi-family 15 units per acre) with a maximum height of 10 stories along with Approximately 8 acres of C-3 commercial zoning of. 2011 DOT Annual daily traffic count indicates an estimated 28,000. Class A Retail fronts most of this property with several national chains anchoring it. Hooters, LaQunita, UPS, SAKE Sushi House, and many other major restaurants and retailers provide an additional value add to this property. Click on additional pictures for architectural appeal and layout of front retail development. Close proximity to Bay Point, Preserve, St. Andrews State Park, Nationally recognized golf courses (Jack Nicklaus design course), marinas, Nationally recognized restaurants (Captain Andersons), and the worlds most beautiful beaches. Directly across Thomas Drive is the Naval Surface Warfare Center Panama City Division which employs in excess of 2,000 civilian and military personnel WITH $117 MILLION IN DIRECT PAYROLL. All information estimated and should be verified by seller if important. Boundary survey, topography, recent proposed engineering and marketing and information package available upon request.
Get a detailed community profile report via email. Click here to get your copy right away.
*May not reflect current interest rates and is intended for educational/information purposes only. All figures are hypothetical and should not be relied upon in any way.
Compare current mortgage rates
Save big on Insurance
Location
Lot Features
Data Provided by:
Bay County Association of REALTORS Inc
This $2,700,000 Commercial Property at 1000 THOMAS DR in PANAMA CITY, FL is listed by Joey Laymon . This $2,700,000 Commercial Property, located in the 32408 zip code , has the following property features: MLS Area, Waterfront. This 1000 THOMAS DR Commercial Property, located in Bay County, is listed under MLS listing number 506767, has beds, 0 baths, and has a listing price of $2,700,000. You can find more of Joey Laymon's listings by browsing Joey Laymon homes for sale at HomesAndLand.com, or even more PANAMA CITY homes for sale here.
About Homes And Land: Homes & Land Magazine is the most popular and widely read real estate listings publication in the U.S. and Canada. Each magazine contains detailed listings for homes, houses, condos and land for sale, as well as new homes and apartment rentals. Each listing is also available here on our web site through our listings search. You can also order magazines for your local area to carry with you to find homes for sale.
Equal Housing Opportunity