1806 MLK Boulevard, Panama City, FL 32405

Property Description

This 4.9± acre development site, with up to 3± acres available, is centrally located in Panama City near the intersection of Highway 231 and Highway 77, the area's two primary north-south corridors. Pricing is per acre, and alternative parcel sizes may be considered. The property is currently accessible from Highway 77, with plans underway for an additional driveway on 17th Street that would provide multi-directional access to Highway 77 and convenient connectivity to Highway 98, the area's primary east-west corridor. The site is zoned General Commercial within the City of Panama City, allowing for a wide range of potential uses. A portion of the property was recently acquired by FDOT in connection with planned roadway improvements, including an overpass and two RIRO access points on the northbound Highway 77 access ramp. Acreage stated reflects the parcel size after the taking. Electric service is already in place, and Landlord may consider constructing improvements to accommodate a tenant's specific requirements.