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Entitled Mixed-Use Site 8.36 acres Lynn Haven, Florida (Panama City)Ideal for Neighborhood Retail Shopping Center, Senior Independent Living, Assisted Living, Medical, Restaurant, Multifamily, Educational, Office, Etc.
$2,399,000 * $287,000/acre * $6.58/sf
Great American Quality Management, LLC
Contact: Buddy Vucovich [email protected] www.greatamericanmgt.com
2260 Hwy 77, Lynn Haven, FL 32444Unique opportunity to acquire one of the few sites on Hwy 77 large enough to accommodate a combination of retail and high density residential. The site is located in the heart of Lynn Haven, Florida, a northern suburb of Panama City. Property highlights include: Adjacent to 65,500sf Publix center (south of site with shared ingress/egress) at 96% occupancy. Directly across Hwy 77 from 250,000sf Super Wal-Mart (opened 2009); 3.9 miles from Gulf Coast
Regional Medical Center, 4.7 miles to Bay/Sacred Heart Medical Center. The site’s three outparcels include Dunkin Donuts, Sonny’s BBQ and Innovations Federal Credit Union. Property entitlements and zoning include:
• 20 units/acre ground level or above commercial.• 50’ building height and 75% Impervious Surface ratio.• ‘No Impact’ traffic analysis completed, pending 80%+ reduction in Fire/Police impact fees.• Storm water mitigation plan will allow for construction on 6.1 acres of the site. • Final City of Lynn Haven DO approval for up to 62,500sf of retail; DO modification for final uses
in < 90 days. Traffic counts of 25,500 on Highway 77, the primary northern access route to the new Panama City
Airport (Northwest Florida Beaches International Airport).
LYNN HAVEN POPULATION AND INCOME 5 Mile Radius
Population - 2014 73,194
Population - 2019 75,419
Population Growth 14-19
3.04%
Households - 2014 29,719
HH Growth 14-19 2.95%
Avg. HH Income $59,140
Med HH Income $45,452
Avg. Age 39.70
80-84 Unit
Senior IL94,00SF 4 story
Retail 12,800
SF Future
Medical-Office
15.500SF Future
Shared Storm, water-
Retention
Publix 65,500SF
Center
HIG
HW
AY 77
Great American Quality Mgt. (GAQM) and the Owner make no warranty or representation, expressed or implied, to the accuracy of the information contained herein. The information has
been submitted in good faith subject to the possibility of errors and omissions; rental information or other related Property information may change without notice. Buyers should rely solely
on their own independent analysis, due diligence and verification of Property information. Interested parties agree that GAQM and the Owner shall have no liability to the investor and/or its
representatives or agents resulting from the use of the information contained herein or distributed by GAQM and the Owner in the future.
Great American Quality Management, LLC 850-974-5710 www.greatamericanmgt.com
Site 8.3 acres
25,500 AD Traffic Count-2013
Site
Great American Quality Management, LLC
Contact: Buddy Vucovich [email protected] www.greatamericanmgt.com
Site 8.3 acre,
62,500sf GLA
Retail, 20
Units/ Acre
Residential
