740 7Th St, Chipley, FL 32428
Discover a remarkable opportunity in Chipley, Florida, with this exceptional 11,238 square foot vacant lot, ideally situated at 740 7th Street, 32428. Priced affordably at $29,999, this property presents a unique canvas for your entrepreneurial vision. Recently cleared and conveniently located, this lot offers unparalleled accessibility with paved road frontage. Its zoning designation as neighborhood commercial opens doors to a variety of development possibilities, from residential construction to commercial ventures. Imagine building your dream home, developing a spec house, or capitalizing on a strategic investment in a thriving community. The property's proximity to schools, healthcare facilities, and shopping centers adds to its immense appeal, ensuring convenience and attracting a wide range of potential residents or customers. This is a rare chance to acquire a prime piece of land in a desirable location, poised for significant growth and return. Seize this opportunity to shape the future of this vibrant area. The lot is located in Washington County, Florida, and its coordinates are 30.776874 latitude and -85.537276 longitude. Don't miss out on this exceptional investment prospect.
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
Similar Nearby for Lease
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.