1 Acre of Commercial Land for Sale in Panama City, Florida
2367 N Sherman Ave, Panama City, FL 32405
Development Opportunity in Panama City FL. High and Dry commercial land that is development-ready with 285+/- ft of frontage on Sherman Ave. No flood zone or wetlands. Partially cleared. Construction and Engineering plan already in place with development order currently under review for a 5,400 SF warehouse/office with office and parking . Commercially zoned property is suitable for multiple commercial uses and may be used for other purposes than the plan described here. Zoned C3-A Commercial. Construction Plan available Upon Request. This includes: Site plan, Grading plan, Utility plan, Stormwater Management plan, Erosion Control, Landscape plan, Construction details and more. Engineering and construction plan is optional but may convey to buyer with offer. Development Plan is currently under review with Bay County. No construction has been started. All information here is believed to be reliable. Buyer should verify all important figures including measurements, property lines, and usage.
Location
- Street address
- 2367 N Sherman Ave
- County
- Bay County
- Elevation
- 39 feet
Directions
From 231, head South on East Avenue. In a half-mile, turn right onto Sherman Ave. In about 100 yards, the property is on the right. First parcel after the Buffalo Rock Entrance. *NOTE: Two addresses exist for 2367 Sherman Ave. Subject property is the one with frontage on Sherman Ave. Access via the Next driveway after Buffalo Rock Entrance
Property details
- Acreage
- 1.02 acres
- MLS #
- BCAR 770270
- Posted
Parcels
- 12696-000-010
Legal description
HIGHLAND CITY COMM AT SE COR LOT 11 BLK 32 TH E 1052.81', N 107.33', S87E 454.31' FOR POB TH S87E 70.59' N28E 137.56', S61E 127.32' TO W ROW LI OF SHERMAN AVE TH SW ALG W ROW LI OF SHERMAN AVE 285.77', TH W 112.65', THENCE W 193.66' TO POB ORB 4681 P 81
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Nov 18, 2025 | Price drop | $230,000 | $10,000 -4.2% | BCAR |
| Mar 13, 2025 | New listing | $240,000 | — | BCAR |