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OFF-MARKET
Specialty properties

0 Tbd I-10 Rd Chipley, FL 32428

Property ID
Property summary
AI-generated overview

This exceptional 102,366 sq ft commercial lot in Chipley, Florida, presents a unique investment opportunity. Situated just south of I-10 and within city limits, this parcel benefits from high visibility due to its adjacency to the I-10 eastbound entrance ramp. The recent extension of municipal water, sewer, and natural gas services by Washington County and the City of Chipley ensures readily available utilities. A significant advantage is the newly enacted Washington County alcohol ordinance, permitting on-premises beverage sales in a state-licensed restaurant on this property. This makes it ideal for a variety of businesses. While dimensions are approximate and a survey is unavailable, the property's strategic location offers substantial potential. Note that legal access will need to be negotiated with neighboring properties, with access planned via Blue Lake Road off Highway 77. The asking price is $20,000. For those seeking a larger footprint, additional adjacent property is also available (see MLS# 501660). This is a rare chance to secure a high-traffic commercial site in a growing area.

Property profile
Verified
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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