0 Tbd 77, Chipley, FL 32428
This exceptional 288,803 square foot vacant commercial land parcel presents a unique investment opportunity in Chipley, Florida. Boasting approximately 486 feet of frontage on Highway 77, this property offers unparalleled visibility and accessibility, with direct sightlines to Interstate 10. Its strategic location ensures high traffic exposure, benefiting from a daily traffic count of 8,500 vehicles (based on 2023 DOT data). The property's significant size allows for a wide range of commercial development possibilities. Adding to its appeal, the land is situated on the picturesque Blue Lake, providing a desirable natural amenity. This rare combination of high traffic volume, prime highway frontage, and scenic waterfront access makes this property an exceptional investment opportunity for developers and businesses seeking a high-impact location in a growing area. The property is located at TBD 77, Chipley, FL 32428, Washington County. The asking price is $188,900.
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.