824 Mary Helen Drive

Chipley, FL 32428
$1,895,000
12.92 acres | #763961
For Sale

Description

Chipley warehouse on 12.92 acres of land.Buildings:Warehouse: 32,000 SF25-foot ceiling height2 ground-level roll-up doors1 loading door with 4' truck wellConcrete load-stressed floorsMetal roofingFull fire suppressionOffice Space: 1,983 SF, built in 2007Tenant: WestPointe Home, a division of Ichan Industries.Lease Terms: Below market rate, approximately 2 years remaining, no tenant options.Utilities: 220/240V, 3-phase power, City water/sewer.Additional Land: Adjacent vacant land available for constructing another building.Strategic Location:Situated in Chipley Industrial Park.3 miles from Interstate 10.Well-positioned to service Tallahassee, Pensacola, Montgomery, and Panama City MSA's.Construction Year: Warehouse built in 2005, office space built in 2007.Financials:CAP rate: 7.61% on current NOI.

  • Property Details
      • Stories:1
      • Acres:12.92
      • Property type:Purchase
      • Year built:2005
      • Foundation:Slab
      • Sewer information:Public Sewer
      • Utility source:Public
      • Utility features:Electricity Available, Sewer Available, Water Available
      • Subdivision:Chipley Industrial Park
      • County:Washington
      • Days on Market (Cumulative):68
      • MLS #:763961
      • Cost:1895000
      • Property subtype:Industrial
      • MLS #:763961
      • Short sale:Listed As Is

Location

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Last Updated: . Source: CPAR

Listing Courtesy
Listing Agent: David Boatwright
Listing Office: Riviera Realty Group LLC

Central Bay Realty and Property ManagementReal Estate Group
$
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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$
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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Selling & Buying

About

Contact

    Account

    • Roy F Furst

      Licensed Real Estate Broker

      Central Bay Realty

      Phone: (850) 257-5016

      Email: centralbayrealestate@gmail.com
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      Copyright© 2022 by the Multiple Listing Service of the Pensacola Association of REALTORS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information deemed reliable but not guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

      Information deemed reliable but not guaranteed. The information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

      IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.