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824 Mary Helen Drive

Chipley, FL 32428
  • $1,995,000
  • STATUS: Active
  • ON SITE: 180 Days
  • MLS #: 930852
UPDATED: 8 min ago
$1,995,000
  • 0
    BEDS
  • 12.92
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

Located in 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 that is currently net leased to WestPointe Home, a division of Ichan Industries. The below market rate lease term runs for approx. 3 more years with no tenant options. The warehouse has 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. Additionally, there is adjacent unimproved and vacant land of approximately 7.2 acres to potentially construct other buildings on-site. Strategically located within the Chipley Industrial Park, and an approximate 3 mile distance to Interstate 10, this building provide optimal positioning to service Tallahassee, Pensacola, Montgomery, and Panama City MSA's. Constructed in 2005, the Chipley Warehouse includes a 1,983 SF office building built in 2007 and is in very good condition. CAP rate on current NOI is 6.42%. This Chipley, Florida Industrial Commercial property offers a central point of accessibility, efficiency, and opportunity. With direct access to key transportation corridors and close proximity to major markets in the central panhandle area. The property at 824 Mary Helen Drive is in a logistically well positioned hub for manufacturing, storage and distribution.

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© 2024 Emerald Coast Association of Realtors MLS. All rights reserved. IDX 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Posh Beach Realty. Vendor Member number: 28178. Data last updated: 2024-02-22T12:05:39.91.
Vendor Member #28178.
www.poshbeachrealty.com/homes/142810844
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824 Mary Helen Drive Chipley, FL 32428

  • Price: $1,995,000
  • Status: Active
  • On Site: 180 Days
  • Updated: 8 min ago
  • MLS #: 930852
0
Beds
0
Baths
0
½ Baths
12.92
Acres
Neighborhood:
Other Counties
County:
Washington
Area:
Other Counties
Property Description
Located in 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 that is currently net leased to WestPointe Home, a division of Ichan Industries. The below market rate lease term runs for approx. 3 more years with no tenant options. The warehouse has 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. Additionally, there is adjacent unimproved and vacant land of approximately 7.2 acres to potentially construct other buildings on-site. Strategically located within the Chipley Industrial Park, and an approximate 3 mile distance to Interstate 10, this building provide optimal positioning to service Tallahassee, Pensacola, Montgomery, and Panama City MSA's. Constructed in 2005, the Chipley Warehouse includes a 1,983 SF office building built in 2007 and is in very good condition. CAP rate on current NOI is 6.42%. This Chipley, Florida Industrial Commercial property offers a central point of accessibility, efficiency, and opportunity. With direct access to key transportation corridors and close proximity to major markets in the central panhandle area. The property at 824 Mary Helen Drive is in a logistically well positioned hub for manufacturing, storage and distribution.
Property Features

Business Name Chp New Construction YN No Property Condition Existing Special Listing Conditions Real Estate Owned

Listing courtesy of Riviera Realty Group LLC: 888-240-0499.


© 2024 Emerald Coast Association of Realtors MLS. All rights reserved. IDX 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Posh Beach Realty. Vendor Member number: 28178. Data last updated: 2024-02-22T12:05:39.91.
Vendor Member #28178.
 
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