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    Specialty properties

    0 Tbd Tbd Blue Lk Rd, Chipley, FL 32428

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    AI-generated overview

    This exceptional 3.92-acre commercial property boasts a prime location at the intersection of Highway 77 and I-10 in Washington County, Florida. The land offers frontage on Highway 77 and the entrance ramp to eastbound I-10, ensuring high visibility and accessibility. While legal access requires negotiation with adjacent landowners, access will be via Blue Lake Road off Highway 77. This strategic location benefits from recently available city water and sewer services, and completed natural gas casings under I-10 are ready to service this burgeoning commercial area. A significant advantage is the new Washington County alcohol ordinance, permitting the sale of on-premises alcoholic beverages in a state-licensed restaurant on this property. The asking price for this exceptional opportunity is $650,000. This offering includes four contiguous parcels (00000000-00-2330-0001, 00000000-00-2350-0000, 00000000-00-2347-0002, 00000000-00-2347-00003), each individually ownable, totaling approximately 170,755 square feet (3.92 acres). This presents a unique chance to acquire a substantial commercial holding or individual parcels to suit specific needs. Don't miss this chance to secure a piece of this rapidly developing commercial corridor.

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    Property type Specialty properties
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Allowed · conditional · prohibited
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