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    5479 Highway 77 Chipley, FL 32428

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    For Sale
    $79,000

    Commercial land with highway frontage, development potential, recently zoned.

    Lot size:
    2.00 Acres

    Property Features for 5479 Highway 77

    General Information

    Lot size
    2.00 Acres
    Source: Elliman

    Listing Agency: Salty Marlin Realty

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

    Overview

    Commercial Land on Highway 77

    This commercially zoned land is located just north of a Dollar General Store, offering opportunities for business development. The property features approximately 220 feet of frontage on Highway 77, which is currently being widened to four lanes and nearing completion. The location is situated in a well-traveled corridor, and new developments are anticipated in the near future.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Wholesale Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Chipley
    County
    Washington
    State
    Florida
    Longitude
    -85.6512405
    Latitude
    30.5194938

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    FAQs

    What type of property is this?
    Commercial land - Commercial land with highway frontage, development potential, recently zoned.
    Where is this commercial land located?
    The property is located at 5479 Highway 77 Chipley, FL.
    What is the asking price?
    The asking price for this property is $79,000.
    What are key features of this property?
    This property features: - Recently zoned commercial, offering immediate business opportunities.; - Highway 77 frontage of approximately 220 feet, providing excellent visibility.; - Located in a well-traveled corridor, ensuring high traffic volume.
    (850) 630-8377
    Request Owner's contact information
    5479 Highway 77 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
    5479 Highway 77 Chipley, FL 32428
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