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    000 Watts Ave Chipley, FL 32428

    For Sale
    Contact for pricing

    Prime .28-acre lot, central Chipley location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional .28-acre corner lot, situated at the intersection of Watts Avenue and 7th Street in the heart of Chipley, Florida, presents a remarkable investment opportunity. The property, encompassing 12,197 square feet, is ideally positioned for immediate development. Its prime location offers unparalleled convenience, with proximity to essential amenities. Just steps from the local Post Office and adjacent to a Piggly Wiggly grocery store, residents will enjoy effortless access to daily necessities, shopping, and dining options. This central location within Chipley ensures easy commutes and a vibrant community atmosphere. The lot's size and corner placement provide ample space for a variety of development projects, making it suitable for both residential and commercial ventures. This property represents a unique chance to capitalize on Chipley's growth and build a dream home or lucrative investment property in a thriving community. The asking price for this exceptional lot is $25,000. The property is located at 000 Watts Avenue, Chipley, FL 32428, in Washington County.

    Property Features for 000 Watts Ave

    General Information

    Property type
    Specialty properties

    HighLights

    • $25,000 asking price.
    • Special purpose property.
    • 12,197 square foot lot.
    • .28‑acre corner lot at Watts Avenue and 7th Street in Chipley, FL.
    • Convenient location near Post Office and Piggly Wiggly.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chipley
    County
    Washington
    State
    Florida
    Longitude
    -85.54249
    Latitude
    30.782704

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    FAQs

    What type of property is this?
    Specialty property - Prime .28-acre lot, central Chipley location.
    Where is this specialty property located?
    The property is located at 000 Watts Ave Chipley, FL.
    What is the asking price?
    The asking price for this property is $25,000.
    What are key features of this property?
    This property features: $25,000 asking price.; Special purpose property.; 12,197 square foot lot.
    Request Owner's contact information
    000 Watts Ave 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 Watts Ave Chipley, FL 32428
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