000 Nearing Hills Dr, Chipley, FL 32428
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.