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    Property profile & analytics

    124 Washington St Chattahoochee, FL 32324

    • Office Properties & Spaces
    • 8,895 SF
    • 0.47 lot acres
    For Sale
    View listing
    $215,000
    Value Estimation
    Last Sale
    Dec 17, 2024
    $186,500
    Location Intelligence
    Property ID
    US18-4110778
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office Properties & Spaces

    Property Details for 124 Washington St

    Year built
    1976
    Construction
    STEEL FRAME
    Lot size
    0.47 lot acres
    Property size
    8,895 SF
    Property type
    Office Properties & Spaces
    APN
    1-33-4N-6W-0000-00213-2200
    APU
    1334N6W0000002132200

    Description

    This 1976-built office building at 124 W Washington Street, Chattahoochee, FL 32324, presents a compelling investment opportunity. Boasting almost 10,000 square feet on a 33,105.6 sq ft lot, this former bank building offers significant potential. Seven rooms, suitable for offices with minor repairs, are complemented by a large (61x53) open lobby area. Four bathrooms and a 25x13 upstairs space provide additional versatility, potentially for office or residential use. The brick building features ample parking (20+ spaces, including handicapped access), established landscaping, and a convenient drive-through with four canister service slots and one without. Two double-door entrances (one facing Highway 90, the other east) enhance accessibility. Located in the heart of Chattahoochee, this property benefits from high visibility on Highway 90, with an average daily traffic count of 6,900 vehicles. Priced at $215,000, this property offers a unique chance to capitalize on its numerous possibilities.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $180,000

    • CAP approach

      CAP return
      Estimation
      6%
      $145,000
      6.5%
      $145,000
      7%
      $150,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $120,000
      Geo Method
      $145,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $160,000
      Retail
      $160,000
      Mixed-Use
      $135,000
      Hospitality
      $160,000
      Educational
      $140,000
      Residential Income
      $140,000
      Energy
      $150,000
      Income-Based Land
      $160,000
      Food Service
      $120,000

    Location Insight

    • Map
    • Local Demand
    City
    Chattahoochee
    County
    Gadsden
    State
    Florida
    Longitude
    -84.8456
    Latitude
    30.7052
    CBSA code
    45220
    CBSA name
    TALLAHASSEE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,027
    $40,399
    $252,434
    $292,833
    -
    $40,399
    $252,434
    $292,833

    Comparable in this City

    • Value Estimation by Request
      2,688 SF

      416 Washington St

      OFFICE (GENERAL) • 2,688 SF
      416 Washington St, Chattahoochee, FL 32324-1436
      View Details
    • Value Estimation
      $445,000
      3,440 SF

      1100 Main St

      OFFICE (GENERAL) • 3,440 SF
      1100 Main St, Chattahoochee, FL 32324-2228
      View Details
    • Value Estimation by Request
      1,110 SF

      225 Riv Rd

      OFFICE (GENERAL) • 1,110 SF
      225 Riv Rd, Chattahoochee, FL 32324-2337
      View Details
    • Value Estimation by Request
      1,613 SF

      35 Washington St

      OFFICE (GENERAL) • 1,613 SF
      35 Washington St, Chattahoochee, FL 32324-1540
      View Details
    • Value Estimation by Request
      2,025 SF

      33 Washington St

      OFFICE (GENERAL) • 2,025 SF
      33 Washington St, Chattahoochee, FL 32324-1427
      View Details
    • Value Estimation
      $8,245,000
      1,612 SF

      424 Line St

      OFFICE (GENERAL) • 1,612 SF
      424 Line St, Chattahoochee, FL 32324-2420
      View Details

    Similar Nearby for Sale

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      Residential Lot in Chattahoochee

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      1.00 Acre

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      Gadsden County Land Opportunity

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      View Details
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    124 Washington St
    Chattahoochee, FL 32324
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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