Bay City Point Listing Details & Market Data

Panama City is the largest city in the Panama City-Lynn Haven-Panama City Beach Metropolitan Statistical Area (MSA). It is also the largest city between Tallahassee and Pensacola. Home to Port Panama City, Tyndall Air Force Base, the U.S. Navy’s Naval Support Activity Base, and Gulf Coast State College employs over 10,000 people combined. Northwest Florida Beaches International Airport is located in Panama City, the newest international airport to be built in the U.S. in more than 15 years. Business Facilities magazine ranks Panama City as the #1 Metro Area for Economic Growth Potential for communities with a population of less than 200,000. Given Florida’s limited corporate taxes and no state personal income tax, business dollars can go a lot farther. With the strong tourism market, 27 Miles of “The World’s Most Beautiful Beaches,” and stable employment, the Panama City-Lynn Haven-Panama City Beach MSA has become a highly sought-after MSA.Bay City Point is an exciting new 200,000+ SF development strategically located in the heart of Panama City, FL at the heavily trafficked intersection of Hwy 77 and E 23rd Street which currently measures over 60,000 AADT. This site has great access and visibility as well as close proximity to higher income residential areas and numerous national retailers such as Target, Kohl’s, Dillard’s, Home Depot, Lowe’s, Walmart, Publix, TJ Maxx, Hobby Lobby and PetSmart to name a few. Situated directly across from the already established Target and Panama City Mall with Dillard’s, JC Penney, Sears and Bed Bath & Beyond, Bay City Point will become a destination in its own right.