9931 Highway 79, Panama City Beach, FL 32413
$1,750,000
Property Type:
Commercial for Sale
Square Footage:
4,764
Lot Size (sq. ft.):
52,272
Status:
Active
Current Price:
$1,750,000
List Date:
3/12/2024
Last Modified:
4/16/2024
Description
Introducing 9931 Hwy 79, a PRIME CORNER location offering a rare opportunity to develop in close proximity to the hottest growing area in Bay County. This property is situated about a mile away from the master-planned development of Latitudes Margaritaville, which is thriving with a projected 3,500 homes. Currently, there are no businesses meeting the high demand in this area, making it an ideal opportunity for investment.
The zoning of this property is Village Center(VC) providing the flexibility and opportunity to create a thriving business venture.Approved for use under C-1, C-2, and R-5 zoning regulations, the possibilities for this property are truly endless. Imagine building a strip center, a modern medical spa, a quick-service restaurant, a cannabis dispensary, a gas station, a storage facility, or a walk-in clinic, among many other options. The flexibility of the zoning allows you to explore various concepts that align with your vision and capitalize on the growing market.
It's important to note that while there are currently no city sewer & water utilities available, the rapid growth and demand in the area make it highly likely that this will change in the near future. Additionally, the property boasts an impressive average daily traffic count of 14,800, with a year-on-year increase of 46% and 3 FDOT approved turn-ins. This indicates the immense potential for success in establishing a business at this location.
On the property, you will find existing buildings including a 32x30' pole barn, a 1080 sqft 3 bedroom 2 bath mobile home, and a metal building with 1200 sqft of air-conditioned retail/office space and 2100 sqft of non-climate controlled warehouse space. These existing structures offer potential for immediate use or renovation to suit your business needs.
Don't miss out on this exceptional chance to be a part of the booming growth in Bay County. Act now and establish your business at this prime corner location with unparalleled potential. Contact us today to learn more and seize this remarkable opportunity!
While we strive to provide accurate information, it is essential for the buyer to verify any important details to their satisfaction.
More Information MLS# 746592
Contract Info
List Date: 2023-09-26
List Price: $1,750,000
List Price/SqFt: 367.34
Current Price: $1,750,000
Sub-Type: Other
Location
Area: 03 - Bay County - Beach
Street #: 9931
Street Name: Highway 79
State: FL
Zip Code: 32413
County: Bay
Sub Area: 0321 - Beach - North Central
Subdivision: [No Recorded Subdiv]
Community/Resort: None
Waterfront: No
Parcel ID: 32445-000-000
Elementary School: West Bay
Middle School: Surfside
High School: Arnold
Directions: Traveling on Hwy 79: From 98- North on 79 to Steelfield Road From I-10- travel south to Steelfield Road
Legal Description: 9 2S 16W -4- 33C BEG INT S R/W STEEL FIELD RD & W SEC LINE TH E TO W R/W SR #79 S ON R/W 348' W TO SEC LINE N TO POB LESS CO RD R/W ORB 1091 P 1786-ORB 1745 P 754 ORB 3571 P 322
General Property Info
List Class: Commercial
Construction Status: Construction Complete
Acreage: 1.2
Frontage Ft: 314
Lot Depth: 150206
Lot SqFt: 77362
SqFt HVAC: 1272
SqFt - Warehouse: 2124
SqFt Tot Bldg: 4764
Year Built: 1997
Listing Info, Tax and Legal
HOA Fee: No
Remarks & Misc
Remarks: Introducing 9931 Hwy 79, a PRIME CORNER location offering a rare opportunity to develop in close proximity to the hottest growing area in Bay County. This property is situated about a mile away from the master-planned development of Latitudes Margaritaville, which is thriving with a projected 3,500 homes. Currently, there are no businesses meeting the high demand in this area, making it an ideal opportunity for investment.
The zoning of this property is Village Center(VC) providing the flexibility and opportunity to create a thriving business venture.Approved for use under C-1, C-2, and R-5 zoning regulations, the possibilities for this property are truly endless. Imagine building a strip center, a modern medical spa, a quick-service restaurant, a cannabis dispensary, a gas station, a storage facility, or a walk-in clinic, among many other options. The flexibility of the zoning allows you to explore various concepts that align with your vision and capitalize on the growing market.
It's important to note that while there are currently no city sewer & water utilities available, the rapid growth and demand in the area make it highly likely that this will change in the near future. Additionally, the property boasts an impressive average daily traffic count of 14,800, with a year-on-year increase of 46% and 3 FDOT approved turn-ins. This indicates the immense potential for success in establishing a business at this location.
On the property, you will find existing buildings including a 32x30' pole barn, a 1080 sqft 3 bedroom 2 bath mobile home, and a metal building with 1200 sqft of air-conditioned retail/office space and 2100 sqft of non-climate controlled warehouse space. These existing structures offer potential for immediate use or renovation to suit your business needs.
Don't miss out on this exceptional chance to be a part of the booming growth in Bay County. Act now and establish your business at this prime corner location with unparalleled potential. Contact us today to learn more and seize this remarkable opportunity!
While we strive to provide accurate information, it is essential for the buyer to verify any important details to their satisfaction.
Status Change Info
Status: Active
Property Features
Business/Property: Living Quarters
Floors in Unit/Home: One
Financing: Cash; Conventional
Listing Office: CENTURY 21 Commander Realty
Last Updated: April - 16 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Information deemed reliable but not guaranteed.