Bay City Point

SW Corner Hwy. 77 & East 23rd Street | Panama City, Florida

Property Description

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.

Square Footage
1 K+
50 +
Avg. Household Income
$ 0

Community Highlights

  • The largest City in the Panama City-Lynn Haven-Panama City Beach Metropolitan Statistical Area (MSA)
  • The largest City between Tallahassee and Pensacola
  • The County Seat of Bay County
  • Home to Port Panama City, Tyndall Air Force Base, the U.S. Navy’s Naval Support Activity Base and Gulf Coast State College, which employ well over 10,000 people combined
  • Home to Northwest Florida Beaches International Airport, the newest international airport to be built in the U.S. in more than 15 years
  • Home to a talented workforce of 282,000 within a 90-minute commute
  • 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
  • Business dollars go a lot farther here given Florida’s limited corporate taxes and no state personal income tax
  • 27 Miles of “The World’s Most Beautiful Beaches”


  • 80 miles south of Dothan, Alabama
  • 100 Miles SW of Tallahassee, FL
  • 105 Miles E of Pensacola, FL
  • 180 Miles E of Mobile, AL
  • 260 Miles W of Jacksonville, FL
  • 285 Miles S of Atlanta, GA


  • Trade Area Population: 164,584
  • 200,000 Population by the year 2015
  • Households: 66,704
  • Avg. Household Income: $58,890
  • Median Age: 39.9 Years
  • Total Trade Area Retail Sales: $1.4+ Billion

Major Employers

  • Tyndall Air Force Base (6,471)
  • Bay District Schools (4,411)
  • Naval Support Activity (3,170)
  • Bay Medical Center (2,000)
  • Wal-Mart & Sam’s Club (1,500)
  • Eastern Shipbuilding Group (1,450)
  • Bay City Constitutional Officers (1,214)
  • Gulf Coast Medical Center (631)
  • Trane (575)
  • City of Panama City (537)


  • Florida State University / Panama City Campus (1,200 Students)
  • Gulf Coast State College (7,200 Students)
  • Embry-Riddle Aeronautical University
  • Troy University
  • Haney Technical Center
  • Bay City Public Schools (28,000 Students)

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