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824 Mary Helen Drive
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PRICED AT ONLY: $1,895,000

Address: 824 Mary Helen Drive, Chipley, FL 32428

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.

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  • MLS#: 763961 ( CommercialSale )
  • Street Address: 824 Mary Helen Drive
  • Viewed: 17
  • Price: $1,895,000
  • Price sqft: $56
  • Waterfront: No
  • Year Built: 2005
  • Bldg sqft: 33983
  • Days On Market: 85
  • Acreage: 12.92 acres

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.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Flooring: Concrete
  • Living Area: 0.00
  • Roof: Metal
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Sewer: PublicSewer
  • Utilities: ElectricityAvailable, SewerAvailable, WaterAvailable
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Trash Expense: 0.00
Other Features
  • Legal Description: 10 4 13 12.92 ORB 1191 P 361 PARCEL DESC IN ORB 1191 P 361
  • Levels: One
  • Area Major: 10 - Washington County
  • Occupant Type: Occupied
  • Parcel Number: 00000000-00-2259-0025
  • Possible Use: Industrial
  • The Range: 0.00
  • Views: 17
Nearby Subdivisions
[no Recorded Subdiv]   Chipley   Chipley Industrial Park   No Named Subdivision  
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