Nations Real Estate Portfolio of Properties 2937 Hyde Avenue, Panama City, FL | Page 4

Location Information This property is located at the intersection of US Highway 231 and East Avenue in northern Panama City. Zoning Information This property is Zoned C-3A C-3A, General Commercial Low: The purpose of this zoning district is to provide areas for the continuation, expansion, and creation of business enterprise; and to promote compatibility between commercial uses, residential uses and other uses. The C-3A zoning district is intended to provide for small scale retail and service uses. Proximity to residences requires that commercial operations be conducted at a scale and intensity commensurate with nearby residential development, be developed and designed so as to be in character with such development and be of such characteristics as not to be detrimental or a nuisance to nearby residential properties.