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    1331 Main St Chipley, FL 32428

    For Sale
    $749,999

    Prime 2.7-acre lot, high traffic count.

    Property size:
    3,629 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional commercial property, located at 1331 Main Street in Chipley, Florida, presents a unique opportunity for businesses seeking high visibility and ample space. The property boasts a substantial 2.7-acre lot with over 280 feet of frontage on Highway 77, ensuring significant exposure to the approximately 17,000 vehicles that pass daily (based on 2023 DOT data). The versatile 3,629 square foot building offers adaptability for a wide range of commercial uses, including retail establishments, professional offices, or service-oriented businesses. Currently configured as a residential property with three bedrooms and two and a half bathrooms, the building offers immediate occupancy potential. Recent updates include a whole-house generator, a roof replacement in 2019, and a tankless hot water heater, minimizing immediate maintenance needs. The strategic location and extensive road frontage provide unparalleled opportunities to attract both vehicular and pedestrian traffic, making this property an ideal investment for businesses seeking to establish a strong presence in the Chipley market. The property's size and location offer flexibility for immediate use or future development, making it a truly exceptional commercial opportunity.

    Property Features for 1331 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,629 SF
    Lot Size
    117,612 SF

    Building Details

    Year Built
    1962
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chipley
    County
    Washington
    State
    Florida
    Longitude
    -85.54314
    Latitude
    30.76208

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    FAQs

    What type of property is this?
    Commercial real estate - Prime 2.7-acre lot, high traffic count.
    Where is this commercial real estate located?
    The property is located at 1331 Main St Chipley, FL.
    What is the asking price?
    The asking price for this property is $749,999.
    (850) 638-5222
    Request Owner's contact information
    1331 Main St Chipley, FL 32428
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    Chipley, FL 32428
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1331 Main St Chipley, FL 32428
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