Calloway | Panama City, FL 32404
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Calloway
Panama City, FL 32404
Land For Sale · 20.00 AC
INVESTMENT HIGHLIGHTS
- There are currently 7 residential projects within 5 miles of the site to break ground in the next 1-2 years totaling over 2,000 residential units.
- $604M in investments to the Tyndall Airforce base will supercharge the local economy.
- Excellent Visibility and Access.
- Government injections of $16M for the construction of the Gulf Coast Parkway.
- Experienced Developers.
- Several national chains have given early indications of interest in the outparcels or inline retail portions of the site.
EXECUTIVE SUMMARY
Premier Commercial Group and The Klotz Group of Companies are co-developing a 328-acre master planned community located along US Highway 98 (N Tyndall Parkway). The project components include single family, commercial, and multifamily residential and that will mainly serve the massive population influx spurred by the $604 million investment into the Tyndall Airforce Base that is expected to generate $370M in wages, and a total economic impact of $600M.
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 20.00 AC |
| Property Type | Land |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 20.00 AC |
1 LOT AVAILABLE
Lot
| Lot Size | 20.00 AC |
| Lot Size | 20.00 AC |
DESCRIPTION
The location carefully considers excellent commercial frontage along Callaway’s busiest road (N Tyndall Pkwy), while also providing the future opportunity to tie into the Panama City’s largest current transportation project the Gulf Coast Parkway. The combination of these two factors should combine to make our site unrivaled in terms of access and visibility within the Callaway Market.
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