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1117 S Tyndall Parkway, Panama City, FL 32404 Active 1 / 15
$1,750,000

1117 S Tyndall Parkway, Panama City, FL 32404

Panama City, FL 32404
  • MLS 769417

About this home

outstаnding раrсel іn a rаpidly growing corridor. The pаrcel offеred is 4 acres, however seller can also add 3 acres of adjoining additional uplands to the east. Bay County Parcel ID: 07202-010-000 and 07208-000-000; located in City of Callaway; The site is located directly on South Tyndall Parkway 400 feet frontage, reserving a 50' access easement in the NW corner. The Avg Daily Traffic Count 20,400 vehicles per day (2025); This site is 3.3 Miles to Tyndall Air Force Base visitor center. The influx of defense-related projects and economic development initiatives has propelled the entire community into a period of unparalleled growth. With one-third of the region's economy anchored in the defense industry, the demand for both housing and support businesses has surged, presenting investors with a solid opportunity for returns. Air Force Base of the Future: Tyndall Air Force Base's transformation into the 'Base of the Future' signifies a monumental leap forward in defense infrastructure. With the Air Force's commitment to bed down three F-35 fighter squadrons and the addition of 400- 600 +/- military jobs per squadron and additional support personnel for support functions, traffic count and the need for increased services should continue to grow. The Bay Economic Development Alliance continues to win commitments by new and expanding industry. Recently, the $175MM capital investment in 'Project Spinner' IAG Aero Group brings 500 new aviation-related jobs to Spark Economic Growth, 160,00 SF of facilities, and a 350-acre acquisition north of the airport. Premier Aviation, a new MRO (Maintenance Repair Operation) will refurbish CRJ aircraft and Mocama Marine LLC establishes a boat manufacturing operation; Port Panama City welcomed a new 251,000 square-foot FedEx Ground facility at the Industrial Distribution Center on Highway 231, Borusan Berg Pipe announced a $68MM expansion, Voltari Electric, Canada based co. announced 285 jobs & $38M investment... and continued interest by significant employers.

Property details

Property typeCommercial
StatusActive
Area02 - Bay County - Central
SubdivisionNo Named Subdivision
CityPanama City
CountyBay
Zip32404
Special conditionsListedAsIs,Other

Exterior & lot

Lot size3.9 acres
Road frontageHighway

Community

DirectionsOn Hwy 98 (Tyndall Pkwy) just south of Boat Race Rd and adjacent to at the intersection of Bus 98 and Tyndall Pkwy. Directly SE of the new Marriott StudioRes Hotel under construction.

Data source: Central Panhandle Association of REALTORS®

Location

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