824 Mary Helen Dr Chipley, FL 32428-6393
Property profile & analytics
824 Mary Helen Dr, Chipley, FL 32428-6393
- Office buildings
- 1,980 SF
- 12.92 lot acres
Property ID
US18-4516469
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.
Location Intelligence
Current Use by Public Records
- Office buildings
Property Details for 824 Mary Helen Dr
- Year built
- 2005
- Lot size
- 12.92 lot acres
- Property size
- 1,980 SF
- Property type
- Office buildings
- APN
- 22590025
- APU
- 22590025
Description
This exceptional investment opportunity presents a 33,983-square-foot warehouse situated on a spacious 12.92-acre lot in Chipley, Florida's industrial park. The property boasts a 32,000-square-foot warehouse featuring a 25-foot ceiling height, two ground-level roll-up doors, one loading dock with a four-foot truck well, concrete load-stressed floors, metal roofing, and a complete fire suppression system. A 1,983-square-foot office space, constructed in 2007, complements the warehouse. Currently leased to WestPointe Home, a division of Ichan Industries, the lease offers below-market rates with approximately two years remaining and no tenant options. The property benefits from 220/240V, 3-phase power, and city water/sewer. Strategically located three miles from Interstate 10, this warehouse enjoys excellent access to Tallahassee, Pensacola, Montgomery, and Panama City metropolitan areas. Adjacent vacant land offers potential for future expansion. The warehouse was built in 2005, and the current Net Operating Income (NOI) yields a 7.61% capitalization rate. This presents a compelling investment opportunity with strong potential for future returns.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $800,000
- ML approach
- $890,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $470,000
Market price range: $130k - $470k
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Chipley
- County
- Washington
- State
- Florida
- Longitude
- -85.5219
- Latitude
- 30.7671
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
$13,793
$69,768
$598,158
$667,926
-
$69,768
$598,158
$667,926
