Prime Investment Build

2303 E 5th Street Panama City, FL 32401

2303 E 5th Street, Panama City, FL, 32401
From Corner - Digital Property Rendering - Subject to Change
2303 E 5th Street, Panama City, FL, 32401 2303 E 5th Street, Panama City, FL, 32401 2303 E 5th Street, Panama City, FL, 32401 2303 E 5th Street, Panama City, FL, 32401 2303 E 5th Street, Panama City, FL, 32401 2303 E 5th Street, Panama City, FL, 32401 2303 E 5th Street, Panama City, FL, 32401
FOR SALE FOR LEASE
Property Type:
Big Box Retail
Amount:
$359,500
Last Verified:
Sep 30, 2025

Daily Email Blast
0 times


Highlights


Description

Seize this opportunity with a development order in place for a 7,200 SF automotive service or warehouse/showroom space. Interior buildout and finishes are flexible, tailored to owner or tenant desires. This 1.14± acre parcel, zoned General Commercial in Panama City's Gateway district, sits prominently on the corner of Business 98 and Center Avenue, serving as a pivotal location on this major military corridor. Just 1.5 miles from the Bay Medical Center and two miles from Downtown, this central site lies on the primary artery connecting Downtown Panama City and Tyndall Air Force Base. With Tyndall's projected growth and reconstruction set to increase personnel requirements by over 8,000 service members and their families, this area is primed for remarkable development.

Seize this opportunity with a development order in place for a 7,200 SF automotive service or warehouse/showroom space. Interior buildout and finishes are flexible, tailored to tenant desires. This 1± acre parcel, zoned General Commercial in Panama City's Gateway district, sits prominently on the corner of Business 98 and Center Avenue, serving as a pivotal location on this major military corridor. Just 1.5 miles from the Bay Medical Center and two miles from Downtown, this central site lies on the primary artery connecting Downtown Panama City and Tyndall Air Force Base. With Tyndall's projected growth and reconstruction set to increase personnel requirements by over 8,000 service members and their families, this area is primed for remarkable development.

Vacant Lot located on the corner of 5th Street and Center Avenue.


Year Built: 2026
Building Size: 7200sq ft
Lot Size: 1.0 acres

Units for Lease

Entire Space
Space Available: 7200 SF
Lease Type: NNN

Price Per Sqft/Year: $23.00

Map of 2303 E 5th Street, Panama City, FL, 32401

Presented by:

Request additional information


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.