This 4.9+/- acre development site, with roughly one acre available, in central Panama City is conveniently located near the intersection of Highway 231 and Highway 77, the area's two primary north-south corridors. Currently the property is accessible from Highway 77 with plans to add a driveway on 17th Street allowing for multi-directional access to HWY 77 as well as access to Highway 98 running east-west. Panama City's General Commercial zoning allows for a multitude of uses. DOT has recently acquired a portion of the property with plans to install an overpass and two RIRO access points on the Northbound 77 Access Ramp. Acreage reflects parcel after taking. Electric service is currently in place. Landlord may consider the addition of improvements desired to meet tenant requirement.