1213 Main StChipley, FL 32428

Property Details for 1213 Main St

Year built

1970

Lot size

0.68 AC

Property size (Sq ft)

984 SF

Property type

Office properties

Property subtype

Office buildings

APN

21880000

APU

21880000

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $117,380

  6.5%

  $108,351

  7%

  $100,611

• Comparable approach

  Method

  Valuation

  Relative Method

  $69,953

  Geo Method

  $69,953

• Alternative Use

  Use

  Valuation

  Residential

  $134,355

  Hospitality

  $123,068

  Educational

  $102,391

  Medical

  $105,913

  Retail

  $159,275

Location Insight

City

Chipley

County

Washington

State

Florida

Latitude

30.766

Longitude

-85.54

Property Tax & Assessments

FAQs

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