Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1698 Main St Chipley, FL 32428

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $4,204,000

    Burger King with new master lease in tax-free Florida.

    Property size:
    7,003 SF
    Lot size:
    2.34 Acres

    Property Features for 1698 Main St

    General Information

    Size
    7,003 SF
    Lot size
    2.34 Acres

    Source: The Cress Group Agent Chad Hirn, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Burger King For Sale

    This property features a newly updated Burger King, both inside and out, including a new roof and parking area. It is subject to a new 20-year master lease with four 5-year options to renew. The property benefits from a strong franchisee and guarantor on both the master and sublease agreements. Strategically positioned along Highway 77 at Interstate 10, the location offers high visibility and accessibility. The property is located in Florida, a state with no state income tax.
    Insight Report Location Intelligence

    Current Use by Public Records

    Drive through restaurants

    Suggested Use

    Realty agency Restaurant Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Gym & Fitness Clothing Store Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Chipley
    County
    Washington
    State
    Florida
    Longitude
    -85.5514702
    Latitude
    30.7522269

    Nearby Similar for Sale

    • $105,000
      0.34 Acres

      Established Dessert Shop Opportunity

      Thriving dessert shop in high-traffic location with expansion potential.
      1307 Jackson Ave, Chipley, FL 32428
      View Details
    • $1,595,000
      19,200 SF

      Remodeled Multi-Family Investment Opportunity

      Profitable multi-family property with remodeled units and expansion potential.
      901 Prissy Ln, Chipley, FL 32428
      View Details
    • $459,000
      Pending

      Buildable Land on Highway 77

      18.84 acres with highway frontage, suitable for RV park.
      18.8 Acres Fl-77, Chipley, FL 32428
      View Details
    • $1,499,999
      52,240 SF

      Spacious Industrial Complex for Sale

      Large industrial complex featuring multiple buildings on 4.1 acres.
      963 Industrial Dr, Chipley, FL 32428
      View Details
    • Contact for pricing
      13,225 SF

      Freestanding CVS in Chipley, Florida

      Freestanding CVS on Main Street in Chipley, Florida for sale.
      1037 Main St, Chipley, FL 32428
      View Details
    • $699,900

      Grassy Pond Ranch with Two Homes

      9.8-acre ranch featuring two homes and waterfront access.
      4936 Grassy Pond Rd, Chipley, FL 32428
      View Details

    FAQs

    What type of property is this?
    Drive through restaurant - Burger King with new master lease in tax-free Florida.
    Where is this drive through restaurant located?
    The property is located at 1698 Main St Chipley, FL.
    What is the asking price?
    The asking price for this property is $4,204,000.
    What are key features of this property?
    This property features: - New 20-Year Master Lease with (4) 5-Year Options to Renew; - Strategically Located Along Highway 77 at Interstate 10; - Strong Franchisee and Guarantor on Master and Sublease
    (601) 707-1300
    Request Owner's contact information
    1698 Main St Chipley, FL 32428
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1698 Main St
    Chipley, FL 32428
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1698 Main St Chipley, FL 32428
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.