824 Mary Helen DR, Chipley, FL 32428
824 Mary Helen DR, Chipley, FL 32428
824 Mary Helen DR, Chipley, FL 32428
824 Mary Helen DR, Chipley, FL 32428
824 Mary Helen DR, Chipley, FL 32428
824 Mary Helen DR, Chipley, FL 32428
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$ 2,450,000
Est. payment | /mo

40,736 SqFt


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$ 2,450,000
Est. payment | /mo
Save

40,736 SqFt

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 40,736 sqft

Price per Sqft $60

Subdivision Chipley Industrial Park

MLS Listing ID 779936

HOA Y/N No

Year Built 2007

Lot Size 12.920 Acres

Acres 12.92

Property Sub-Type Industrial

Property Description

Warehouse for sale - Located in Washington County on 12.92 acres of land with 2 buildings, a 32,000 SF warehouse building and a 1,983 SF office space is net leased to WestPointe Home, a division of Ichan Industries.

The Story:
The below market rate lease term runs for approx. Lease ends in July 2026 great for owner occupied.

The warehouse has a 25-foot ceiling heights, 2 ground-level roll up doors, 1 loading door with 4' truck well, concrete load-stressed floors, metal roofing, and full fire suppression.

The property also has 220/240V, 3 phase power and City water/sewer, in an prime area for growth. Approx 7 Acres dry and high vacant land to construct on.

Strategically located within the Chipley Industrial Park, within 3 miles to Interstate 10, this building provides an optimal position to service.

Quick Access to Tallahassee, Pensacola, Montgomery, and Panama City MSA's. Constructed in 2007, the Chipley Warehouse includes a 1,983 SF office building built in 2005 and is in good condition.

CAP rate on current NOI is 6.01%.

Location

State FL

County Washington

Area 10 - Washington County

Interior

Flooring Concrete

Fireplace No

Exterior

Utilities Available Sewer Available

Roof Type Metal

Private Pool No

Building

Story 1

Entry Level One

Foundation Slab

Sewer Public Sewer

Level or Stories One

Others

Tax ID 00000000-00-2259-0025

Special Listing Condition Listed As-Is

Listed by SVN Riviera Commercial

Nearby Locations

Andrew Turner

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(850) 339-1715

andrewturnerrealtor@gmail.com

755b Grand Blvd 105286, Miramar Beach, Florida, 32550, USA

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824 Mary Helen DR