2.09-Acre Commercial/Industrial Development Site (C3-A) on N Sherman Avenue

For Sale

2158 N Sherman Ave, Panama City, FL 32405

This Panama City property for sale is located at 2158 N Sherman Ave. The general use of 2.09-Acre Commercial/Industrial Development Site (C3-A) on N Sherman Avenue is vacantland and it incorporates 768 square feet of class C vacantland space. The current listed sale price for 2.09-Acre Commercial/Industrial Development Site (C3-A) on N Sherman Avenue is $325,000. 2.09-Acre Commercial/Industrial Development Site (C3-A) on N Sherman Avenue is situated on a lot that is 2.09 acre in size.

Contacts

Kevin Wattenbarger, CCIM

Five Bridges Real Estate Services Co.

Property Details

  • Property Type VacantLand
  • Property Size 768 SF
  • Units 1
  • Lot Size 2.09 Acre
  • Building Class C
  • Year Built 1944
  • Date Updated Jul 23, 2026
2158 N Sherman Avenue is situated in central Panama City within an established mixed commercial and industrial corridor. N Sherman Avenue provides connectivity between Panama City’s central business areas, major employment centers, surrounding residential neighborhoods, and the broader Bay County market. The property’s location among service businesses, warehouses, commercial properties, and industrial uses makes it well positioned for an owner-user or developer seeking a centrally located operating base. The site provides access to the broader roadway network serving Panama City, Lynn Haven, Callaway, and surrounding Bay County communities.Located along N Sherman Avenue in one of Panama City's established commercial corridors, this 2.09± acre commercial development site offers exceptional potential for investors, developers, and owner-users. Zoned C-3A Commercial, the property accommodates a variety of commercial uses, including retail, office, service, and other development opportunities (subject to local regulations). With convenient access to US Highway 231, excellent visibility, and a location within a growing market, this property presents an outstanding opportunity for immediate development or long-term investment.
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Highlights

  • 2.09± acres of commercially zoned (C-3A) land
  • Approximately 214 feet of frontage on N Sherman Avenue
  • Excellent development opportunity with flexible commercial use potential
  • Ideal for retail, office, service, contractor, or investment use (subject to approvals)
  • Prime location with convenient access to US Highway 231 & Hwy 98
  • Strong visibility in a growing commercial and residential corridor

Attachments

Getting around

  • 10/100

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  • 26/100

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Location

  • City Panama City, FL
  • Neighborhood Cedar Grove
  • Zip Code 32405
  • Market Pensacola

Points of Interest

  • Exxon

    0.81 miles

  • Circle K

    0.82 miles

  • Marathon

    1.34 miles

  • RaceWay

    1.41 miles

  • CEFCO

    1.45 miles

  • Gulf

    1.51 miles

  • AMI Gas

    1.52 miles

  • Chevron

    2.03 miles

  • Harvey De Mathis Park parking

    2.89 miles

  • Microtel Inn & Suites by Wyndham Panama City

    0.81 miles

  • Hampton Inn & Suites

    0.84 miles

  • La Quinta Inn & Suites

    0.87 miles

  • Days Inn

    0.88 miles

  • Quality Inn

    0.93 miles

  • Hilton Garden Inn

    0.94 miles

  • Courtyard Panama City

    1.04 miles

  • TownePlace Suites Panama City

    1.10 miles

  • Holiday Inn Panama City

    1.42 miles

  • Howard Johnson by Wyndham Panama City

    1.66 miles

  • JCPenney

    1.09 miles

  • Panama City Mall

    1.19 miles

  • Dillard's

    1.22 miles

  • Target

    1.30 miles

  • Kohl's

    1.39 miles

  • Bealls

    1.43 miles

  • Burlington

    1.45 miles

  • Don Jorge Mexican Grocery Store

    1.46 miles

  • Ross

    1.54 miles

  • Asian Oriental International Market

    2.01 miles

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