$2,450,000
Chipley, FL 32428
MLS# 779936
40736 sqft
1 / 24
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%.
Details
Maps
Contract Info
List Price/SqFt: 60.14
List Date: 2025-10-03
List Price: $2,450,000
Current Price: $2,450,000
Sub-Type: Industrial
Location
Sub Area: 1001 - Washington NE
Community/Resort: None
Waterfront: No
Directions: Hwy 10, north on Hwy 77, Right on Brickyard Rd, Left on Mary Helen Dr.
Area: 10 - Washington County
Street #: 824
Street Name: Mary Helen
Street Suffix: Drive
State: FL
Zip Code: 32428
County: Washington
Subdivision: Chipley Industrial Park
Parcel ID: 00000000-00-2259-0025
Legal Description: 10 4 13 12.92 ORB 1191 P 361 PARCEL DESC IN ORB 1191 P 361
General Property Info
List Class: Commercial
Acreage: 12.92
Immediate Occupancy: No
Construction Status: Construction Complete
# of Units: 1
SqFt Unit: 33983
SqFt - Office: 1983
# of Stories in Building: 1
SqFt Tot Bldg: 40736
Year Built: 2007
Listing Info, Tax and Legal
HOA Fee: No
Remarks & Misc
Remarks: 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%.
Construction/Siding
Floor - Concrete: 1
Foundation - Slab on Grade: 1
Roof - Metal: 1
Siding - Metal: 1
Financing
Cash: 1
Conventional: 1
Present Zoning
Commercial: 1
Utilities
Electricity - Connected: 1
Public Sewer - Connected: 1
Water Connected: 1
Sale Type
As Is: 1
Business Only
Year Built: 2005
Building SqFt: 33983
Unit SqFt: 1983
Cap Rate: 6
Business/Property
Anchor Tenant: 1
Office Area: 1
Restrooms - Private: 1
Floors in Unit/Home
One: 1
Industrial
# Ground Level Doors: 3
# Dock High Doors: 1
Building SqFt: 38446
Sprinklers?: Yes
Rail?: No
Office SqFt: 1980
Year Built: 2007
Property Type: Warehouse
Cap Rate: 6.01
Income Producing
Year Built: 2007
Cap Rate: 6
Property Type: Industrial
Land
Property Type: Commercial
Status Change Info
Status: Active
Property Features
Financing: Cash; Conventional
Present Zoning: Commercial
Sale Type: As Is
Utilities: Electricity - Connected; Public Sewer - Connected; Water Connected
Listing Office: SVN Riviera Commercial
Last Updated: October - 04 - 2025
Information deemed reliable but not guaranteed.