4.34 +/- acre e. 15th street development parcel | sw ... panama...
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SVN | SouthLand Commercial | 3108 West 23rd Street, Panama City, FL 32405 SALE BROCHURE
4.34 +/- ACRE E. 15THSTREETDEVELOPMENTPARCEL | SW CORNEROF E. 15TH STREET &CENTER AVENUETBD E. 15TH STREETPANAMA CITY, FL 32405
Kevin Wattenbarger, CCIMSenior [email protected]
Amanda GodseyAssociate [email protected]
Dan ReidyVice [email protected]
4.34 +/- ACRE E. 15TH STREET DEVELOPMENT PARCEL | SW CORNER OF E. 15TH STREET & CENTER AVENUE | TBD E. 15TH STREET, PANAMA CITY, FL 32405 SVN | SouthLand Commercial | Page 2
OFFERING SUMMAROFFERING SUMMARYY
Sale Price: $795,000
Lot Size: 4.34 Acres
Zoning: C-3A (Bay County)
Market: Panama City
Submarket: East 15th St/US Hwy 98
Price / SF: $4.21
The subject parcel is a highly visible commercial property with approximately 600' +/- of Highway 98 frontage on one ofthe busiest streets in Bay County (29,500 +/- VPD). The E 15th Street site possesses the versatile C3-A zoningclassification (Bay County). This site is a rare large commercial parcel for the area with primarily flat topography and dry,usable, up-land acreage. The site is convenient to Panama City's retail corridors, downtown Panama City and Tyndall AirForce Base.
PROPERPROPERTTY OY OVERVERVIEWVIEW
PROPERPROPERTTY HIGHLIGHTSY HIGHLIGHTS
• E. 15th St (a/k/a Hwy 98) Commercial Development Parcel
• Highly Visible - 600' +/- Feet of Hwy 98 Frontage
• Average Daily Traffic Counts 29,500 +/- VPD (FLDOT)
• Versatile C3-A Zoning (Bay County)
• Central Bay County Location
• Rectangular Shape Corner Parcel
• Flat Topography & Flood Zone X
Property Summary
4.34 +/- ACRE E. 15TH STREET DEVELOPMENT PARCEL | SW CORNER OF E. 15TH STREET & CENTER AVENUE | TBD E. 15TH STREET, PANAMA CITY, FL 32405 SVN | SouthLand Commercial | Page 3
Aerial Photo
Location Maps
4.34 +/- ACRE E. 15TH STREET DEVELOPMENT PARCEL | SW CORNER OF E. 15TH STREET & CENTER AVENUE | TBD E. 15TH STREET, PANAMA CITY, FL 32405 SVN | SouthLand Commercial | Page 4
4.34 +/- ACRE E. 15TH STREET DEVELOPMENT PARCEL | SW CORNER OF E. 15TH STREET & CENTER AVENUE | TBD E. 15TH STREET, PANAMA CITY, FL 32405 SVN | SouthLand Commercial | Page 5
Retailer Map
4.34 +/- ACRE E. 15TH STREET DEVELOPMENT PARCEL | SW CORNER OF E. 15TH STREET & CENTER AVENUE | TBD E. 15TH STREET, PANAMA CITY, FL 32405 SVN | SouthLand Commercial | Page 6
Zoning Map
4.34 +/- ACRE E. 15TH STREET DEVELOPMENT PARCEL | SW CORNER OF E. 15TH STREET & CENTER AVENUE | TBD E. 15TH STREET, PANAMA CITY, FL 32405 SVN | SouthLand Commercial | Page 7
Traffic Counts
4.34 +/- ACRE E. 15TH STREET DEVELOPMENT PARCEL | SW CORNER OF E. 15TH STREET & CENTER AVENUE | TBD E. 15TH STREET, PANAMA CITY, FL 32405 SVN | SouthLand Commercial | Page 8
Boundary Survey
4.34 +/- ACRE E. 15TH STREET DEVELOPMENT PARCEL | SW CORNER OF E. 15TH STREET & CENTER AVENUE | TBD E. 15TH STREET, PANAMA CITY, FL 32405 SVN | SouthLand Commercial | Page 9
POPULAPOPULATIONTION 1 MILE1 MILE 3 MILES3 MILES 5 MILES5 MILES
Total population 5,259 41,843 88,034
Median age 34.2 37.6 38.1
Median age (male) 30.3 36.6 37.1
Median age (Female) 39.3 39.8 39.7
HOUSEHOLDS & INCHOUSEHOLDS & INCOMEOME 1 MILE1 MILE 3 MILES3 MILES 5 MILES5 MILES
Total households 2,098 17,008 36,192
# of persons per HH 2.5 2.5 2.4
Average HH income $42,226 $49,751 $55,480
Average house value $106,512 $159,970 $177,395
* Demographic data derived from 2010 US Census
Demographics Map