1140 MotelChipley, FL 32428

  • Hospitality properties
  • 29,074 SF
Off market
$1,959,878 Estimated

Property Details for 1140 Motel

Year built
2006
Lot size
1.44 AC
Property size (Sq ft)
29,074 SF
Property type
Hospitality properties
Property subtype
Motels
APN
23420002
APU
23420002

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,939,618
    6.5%
    $3,636,571
    7%
    $3,376,816
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,857,146
    Geo Method
    $4,857,146
  • Alternative Use

    Use
    Valuation
    Residential
    $3,970,079
    Hospitality
    $3,636,571
    Educational
    $3,025,584
    Medical
    $3,129,639
    Retail
    $4,706,464
1140 Motel, Chipley, Florida

Location Insight

City
Chipley
County
Washington
State
Florida
Latitude
30.7503
Longitude
-85.5521

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
$40,472
$234,928
$1,724,950
$1,959,878
-
$234,928
$1,724,950
$1,959,878

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