369-15 Deltona Blvd, Chipley, FL 32428
This exceptional 0.69-acre commercial property, located at 369-15 Deltona Boulevard in Chipley, Florida, presents a unique investment opportunity. Situated in the heart of the Sunny Hills Subdivision's designated downtown district, this lot enjoys a prime commercial location. Its strategic position offers easy access to services and deliveries via a convenient commercial alley at the rear of the property. The property is ideally located just 30 miles from Northwest Florida Beaches International Airport, enhancing its accessibility and appeal. The 2022 property taxes totaled $112.00, inclusive of an $8.80 annual MSBU assessment. This versatile lot is zoned for commercial land use, with the added benefit of allowing multi-family residential development, subject to the Sunny Hills Unit Six deed restrictions (available for review). This presents a flexible platform for a variety of commercial ventures or mixed-use developments. The property's size and location make it an attractive prospect for businesses seeking a prominent presence in a growing area. Don't miss this chance to acquire a valuable piece of Chipley real estate. The zip code is 32428.
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.