Property profile

1213 Main St Chipley, FL 32428

FOR SALE
Office buildings
Property ID
US19-0857164
984 SF 0.68 ac lot Built 1970
Individually Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 1,248 square foot office building presents a remarkable investment opportunity in Chipley, Florida. Strategically located on 0.64 acres of land with prominent frontage along Highway 77, this property benefits from exceptional visibility and high traffic volume. According to 2023 Florida Department of Transportation data, the average daily traffic count on this stretch of Highway 77 is 14,500 vehicles, ensuring significant exposure for your business. The building's adaptable design makes it suitable for a wide range of commercial uses, including retail establishments, professional offices, or service-oriented businesses. Its prime location ensures easy access for both pedestrian and vehicular traffic, maximizing your potential for customer reach. The property's size and highway frontage offer significant advantages for businesses seeking high visibility and accessibility. This is a rare opportunity to establish your business in a highly desirable and well-trafficked location. Don't miss out on this chance to secure a prominent presence in the Chipley market. The asking price is $449,999.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1970
Total area 984 SF
Lot 0.68 ac (29,577 SF)
APN 21880000
UPID US19-0857164

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Accounting Firm Loan Service
  • HVAC Service General Contractor

Location

1213 Main St Chipley, FL 32428
Chipley metro Census 970104
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2023
Last sale
$250,000
5 recorded transactions
2023
Price N/A
2022
$250,000
2017
Price N/A
2007
$150,000
2007
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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