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    000 Nearing Hl Dr Chipley, FL 32428

    For Sale
    $700,000

    8.69 Acres, Hwy 77 Frontage, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 8.69-acre commercial property in Chipley, Florida, presents a fantastic investment opportunity. Located at 000 Nearing Hills Drive, 32428, this parcel boasts significant frontage on Highway 77 and Nearing Hills Drive, ensuring high visibility and accessibility. Its strategic location offers convenient access to Interstate 10, placing it within easy reach of a larger regional market. The property's proximity to established businesses, including Walmart and KFC, further enhances its appeal and potential for strong returns. The site is partially cleared, with a significant portion remaining wooded, offering flexibility in development plans. The total lot size is 378,536 square feet, providing ample space for a variety of commercial ventures. This property is situated in Washington County, Florida, and offers a unique chance to capitalize on the growing commercial landscape of Chipley. The asking price for this remarkable opportunity is $700,000. Serious inquiries are encouraged. Further details and drone imagery will be available soon.

    Property Features for 000 Nearing Hl Dr

    General Information

    Property type
    Specialty properties

    HighLights

    • $700,000 asking price.
    • Special purpose property.
    • 8.69‑acre lot (378,536 sq ft).
    • Hwy 77 and Nearing Hills Drive frontage, minutes from I‑10.
    • Near Walmart, KFC, and other commercial businesses.
    • Partially cleared, mostly wooded.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chipley
    County
    Washington
    State
    Florida
    Longitude
    -85.552746
    Latitude
    30.755143

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    FAQs

    What type of property is this?
    Specialty property - 8.69 Acres, Hwy 77 Frontage, High Traffic
    Where is this specialty property located?
    The property is located at 000 Nearing Hl Dr Chipley, FL.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: $700,000 asking price.; Special purpose property.; 8.69-acre lot (378,536 sq ft).
    Request Owner's contact information
    000 Nearing Hl Dr 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
    000 Nearing Hl Dr Chipley, FL 32428
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