TBD Highway 231
- Zoned Ag-1
- Strategic location in Panama City area
- Ideal for industrial development
- Ample acreage for commercial use
- Opportunity for significant investment
- Proximity to key transportation routes
- Versatile land for various commercial applications
Property Description
Discover a prime opportunity for development in Bay County, Florida. Located just north of Panama City on U.S. Highway 231, the main artery connecting this burgeoning area of Florida’s panhandle to Interstate 10, the Bay County 803 tract offers the investor a variety of options on over 800 acres of real estate. Bordered on the south by Panama City Port Authority property and by Highway 231 and the Bay Line Railroad on the north, the tract also features easy access to existing utilities, including a main power transmission line, lending itself to an industrial use, with the appropriate zoning change. With a mitigation bank to the east limiting incompatible development, this property is easily envisioned as a high-end, large lot residential subdivision that could retain its rural charm. Currently used for timber production and wildlife-based recreation, the tract continues the area’s history as a premier forestry region within the state and the existing stands of planted pines can provide an ongoing source of revenue. Whether you are looking for a site to develop now or an investor looking to purchase a fine timber and recreational property in the path of future progress, Bay County 803 is available to you.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Price: | $3,900,000 |
| Lot Size: | 803.00 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
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