0 Tbd Tbd Blue Lk Rd, Chipley, FL 32428
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.