00 Chamberlain Dr, Chipley, FL 32428
This exceptional one-acre commercial lot, located at 00 Chamberlain Drive in Chipley, Florida (32428), presents a unique investment opportunity. Priced at $84,500, the property boasts a generous 43,996 square feet and is situated in the designated Downtown Sunny Hills area. A key advantage is the recent Washington County alcohol ordinance change, permitting "on-premises" sales of all alcoholic beverages for a licensed restaurant, subject to the Unit Eight deed restrictions. The lot offers convenient access via a commercial alley located on the west side and rear, ideal for service and deliveries. Multi-family residential development is also permissible, adding to the property's versatility. The property's location offers proximity to Northwest Florida Beaches International Airport, approximately 30 miles away. Annual property taxes are $152.50, which includes a $9.47 annual MSBU assessment. This property is subject to the Sunny Hills Unit 8 covenants and restrictions. This presents a rare chance to acquire a strategically located commercial lot with significant potential in a growing area. Don't miss this opportunity to capitalize on the unique zoning and location advantages.
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.