0 Tbd I-10 Rd, Chipley, FL 32428
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.
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.