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Property profile & analytics
OFF-MARKET
Office buildings

1364 Railroad Ave Chipley, FL 32428-1456

5,080 SF 0.16 ac lot Built 1901
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US18-1680061
Property summary
AI-generated overview

This exceptional 5,100 square foot office building, located at 1364 N Railroad Avenue in historic downtown Chipley, Florida, presents a unique investment opportunity. Previously serving as a newspaper production facility, the property offers a versatile layout adaptable to a wide range of commercial uses. The building features a welcoming reception area, numerous individual offices providing ample workspace, and two convenient restrooms. A significant advantage is the inclusion of a substantial 62x25 foot attached shop, complete with a roll-up door providing convenient access to a rear alleyway. This adds significant flexibility for storage, light manufacturing, or other business needs. Situated on a 0.16-acre lot, the property benefits from its prime downtown location, offering high visibility and accessibility. While requiring some updating and modernization, this building holds immense potential for a discerning buyer seeking a prominent presence in the heart of Chipley. The substantial square footage and unique shop space make this a truly rare find in the local market. The asking price is $169,999. This is a chance to acquire a piece of Chipley's history and transform it into a thriving business hub. Don't miss this chance to own a piece of Chipley's rich history and shape its future.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1901
Total area 5,080 SF
Lot 0.16 ac (6,969 SF)
APN 13600000
UPID US18-1680061
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
The Dance Center Of Bonifay LLC · 1 yrs held
The Dance Center Of Bonifay LLC
since 2025
Last sale
$50,000
5 recorded transactions
2025
$140,000
2021
$50,000
2021
$10,000
2015
$70,000
2007
$166,900
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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