2.97 acres for Potential Commercial Development. It is currently zoned R-1 Residential Single Family. Due to the widening of Hwy 390 to six lanes the Dept of Transportation has claimed a portion of this property so once construction is completed (estimated in Winter of 2020) it will have road frontage on Hwy 390. The main access point to and from the property will most likely be Lisenby Av. which is currently the entrance road to SweetBay subdivision and University Academy Charter School. The subdivision currently has 235 homes built with another 227 slated to begin construction and ultimately a master plan for a total of 3,000 homes to be built over the next 20 years. The charter school is a free public K - 8th grade school that is ranked in the top 10 percent of all schools in Florida. This location has excellent traffic exposure and a traffic signal that allows for signage along Hwy 390 for maximum advertising potential. Public water and sewer are accessible by annexing into the City of Panama City. A potential zone change could be applied for, after purchase, with the city to allow General Commercial use. Potential options for this property would need to be lower traffic neighborhood commercial activity including retail sales and services, professional offices, and other similar uses.
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