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Net-Leased Warehouse with Office
For Sale
$2,450,000

824 Mary Helen Drive, Chipley, FL 32428

A 2007-built warehouse with office space, 25-foot ceilings, and fire suppression, net leased through July 2026.

Property Size33,983 SF
Lot Size12.92 Acres
Price / SF$72.09
Days on Market408

Property Features for 824 Mary Helen Drive

General Information

Standard status Active
Size 33,983 SF
Lot size 12.92 Acres
Property subtype Commercial

Site & Location

Highway Access Yes
Utilities to Site Yes

Warehouse & Industrial

Clear Height 25 ft
Dock-High Doors 1
Drive-In Doors 2
Heavy Power Yes
Sprinkler System Yes

Additional Details

Cap Rate 6.01%
Office Units 1

Building Details

Year Built 2007
Tenancy Single
Listing Agency: SVN Riviera Commercial
Listed By: David Boatwright
Source: Cthomeseekers
Added: Jul 11, 2025 Changed: Aug 22 Last Checked: Aug 22 at 9:24AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN Riviera Commercial

Investment Insights

Based on property information with market context.

This property includes two buildings on 12.92 acres: a 32,000 SF warehouse built in 2007 and a 1,983 SF office building built in 2005, in good condition. The warehouse offers 25-foot ceiling heights, two ground-level roll-up doors, and one loading door with a 4' truck well. Interior features include concrete load-stressed floors, metal roofing, full fire suppression, and 220/240V 3-phase power.

The site is located within the Chipley Industrial Park in Washington County, approximately 3 miles to Interstate 10. Utilities provided include city water and sewer. The grounds also include approximately 7 acres described as dry and high vacant land suitable for construction.

The current warehouse is net leased to WestPointe Home, a division of Ichan Industries, with the lease term running below-market rates and ending in July 2026. That timeline can support an owner-occupant transition plan after the lease expires, while the existing office component provides on-site space for administrative needs. For additional flexibility, the property’s vacant acreage may support future development within the same industrial park setting.

Key Highlights

  • 12.92‑acre Washington County property in Chipley Industrial Park with 2 buildings: a 32,000 SF warehouse plus 1,983 SF office space.
  • 32,000 SF warehouse built in 2007 with 25‑foot ceiling heights, 2 ground‑level roll‑up doors, and 1 loading door with 4' truck well.
  • Concrete load‑stressed floors and full fire suppression; metal roofing.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency HVAC Service Building Supply Law Firm Furniture & Home Goods Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

25 ft
Clear height
1
Dock-high doors
2
Drive-in doors
1
Office units
Single-tenant
Tenancy
Yes
Heavy power
Yes
Sprinkler system
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

44
Businesses Nearby
Well-served
Demand for This Use

Demographics for 32428, FL

17,946
Population
7,475
Households
2.4
Avg Household Size
42
Median Age
13%
College-Educated
83%
High-School Grad
285.9 sq mi
ZIP Area
63
Density / Sq Mi
$52,234
Median Household Income
$34,395
Median Earnings
$896
Median Rent
$157,900
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Warehouse - A 2007-built warehouse with office space, 25-foot ceilings, and fire suppression, net leased through July 2026.
Where is this warehouse located?
The property is located at 824 Mary Helen Drive Chipley, FL.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: 12.92‑acre Washington County property in Chipley Industrial Park with 2 buildings: a 32,000 SF warehouse plus 1,983 SF office space.; 32,000 SF warehouse built in 2007 with 25‑foot ceiling heights, 2 ground‑level roll‑up doors, and 1 loading door with 4' truck well.; Concrete load‑stressed floors and full fire suppression; metal roofing.
More about this property
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