Nations Real Estate Portfolio of Properties 1400 West 15th Street, Panama City, FL | Page 2

1400 W. 15th Street – Location Information This 1.7 acre commercial development site is located on 15th Street in Panama City, Florida at the intersection of Lisenby Avenue across from the Panama Plaza shopping Center. Zoning Information This property is Zoned GC-2, GC1, & RLD 1 GC, General Commercial: The purpose of this zone is to provide areas for the continuation, expansion, and creation of business enterprise. RLD, Residential Low Density: The purpose of this zoning district is to provide areas for the preservation or development of residential neighborhoods consisting of detached single-family dwelling units on individual lots.