9 Gap Blvd Chipley, FL 32428
- Specialty properties
Current Use by Public Records
- Specialty properties
Property Details for 9 Gap Blvd
- Property type
- Specialty properties
Description
This exceptional commercial lot, located at 9 GAP Boulevard in Chipley, Florida, presents a unique investment opportunity. Spanning 24,829 square feet, this property is situated in the Sunny Hills commercial district and benefits from a convenient commercial alley at the rear, ideal for deliveries and shipping. The property is subject to Unit Four deed restrictions, readily available for review in the provided documentation. A significant advantage is the proximity to Gap Lake, with a boat launch ramp just 0.7 miles away. Furthermore, the recent Washington County ordinance permitting alcohol sales in state-licensed restaurants adds considerable potential for various commercial ventures. The lot's zoning allows for both commercial and multi-family development, offering flexibility for diverse investment strategies. This property is conveniently located approximately 25 miles from the new Northwest Florida Beaches International Airport. An adjacent lot (MLS# 505083), also owned by the seller, is available for purchase, expanding the total acreage to 1.14 acres. Annual property taxes are $106.28, inclusive of a $9.70 MSBU annual assessment. This presents a compelling opportunity for investors seeking a strategically located commercial property in a growing area.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chipley
- County
- Washington
- State
- Florida
- Longitude
- -85.5642
- Latitude
- 30.5422
