Prime investment property in Panama City, FL, offering +/- 4.22 acres on Hwy 231 at the corner of Jessa Road with approximately 422 feet of frontage. Average annual daily traffic count of 30,500 in unincorporated Bay County. With General Commercial zoning and a median cut directly in front of the site, this parcel is strategically positioned within the path of major development. Close proximity to the FedEx distribution facility, Eastern Industries, Conner Industries, etc. 4.8 miles to Hwy 390 and 8.8 miles to 23rd Street. Great location for many commercial uses including retail, convenience store, restaurant, etc.