Main Street, Chipley, FL, 32428

Property Details: • Type: Single Family Residence • Bedrooms: 0 • Bathrooms: 1 • Square Footage: 7,300 sq ft

Description: Investor Overview: Main St, Chipley, FL 32428 (Two Vacant Lots Dev Ready) Property Type: Vacant Land Lots: 2 (~0.1675 acres/7,300 sqft each; total 0.335 acres/14,600 sqft) Utilities: Public water/sewer/electrical on-site Occupancy: Vacant Asking Price: $70,000 total ($35K/lot) ARV (Per Built 3/2 SFR): $194K$210K (Top comps: $205K/1,400 sqft Sep 2025; $198K/1,200 sqft Jul 2025) Est. Rent (Per Built 3/2): $1,400$1,600/mo (Avg $1,500 in 32428) Price/Sqft (ARV): $138$150/sqft Dev Cost: $120-150K/lot (build + prep; total $240-300K for two) SOW & Costs (Per Lot 1,200 sqft 3/2 Prefab) Site Prep/Permits: Survey $3-5K; clearing $2-3K; permits $2-3K; utilities $3-4K ($10-15K totalbuyer DD) Build: Foundation $8-10K; framing $25-30K; systems $15-20K; interiors $20-25K; finishes $15-20K; contingency $12-15K ($110-135K) DSCR (Per Built Rental) Gross: $1,500/mo ($18K/yr) Expenses (30%): $5,400/yr NOI: $12,600/yr DSCR: 1.251.40 (20% down $33K, 7.5% int.qualifies) Dev Profit (Build & Sell Two) All-In/Lot: $165K ARV $200K Gross $35K/home (net $25K after fees$50K total, 30% ROI) Rental (Per Home) Cap: 7.6% CoC: 1214% ($1,500 rents) Max Profit Steps: 1. Buy $70K. 2. Survey/permits ($10K). 3. Prep/clear ($10K). 4. Prefab build ($240K total). 5. Sell $400K (net $50K) or rent $3K/mo (7.6% cap). Why This Deal Works Utilities ready3 mi I-10, 2 mi hospital, 1 mi Walmart/downtown/schools Rural spec gold: Low costs, quick 6-mo turnaround Buyer DD on surveys/permitsclean entry for builders Disclaimer for Acquire JDF Corp: This information from Acquire JDF Corp is for general use only and not guaranteed; verify all details independently. Each person, business, or entity is responsible for their own due diligence, and Acquire JDF Corp is not liable for any investment decisions, losses, or damages related to purchases, financing, or property conditions. Looking for More Off-Market Inventory? We offer: Single-Family Rentals Turnkey Cash Flow Properties Light-to-Heavy Rehab Projects Creative Financing & Seller Carry Deals Browse full inventory at: www.reioffer.net Contact Jamie Franklin Acquire JDF Corp 317-610-9834

RV / Boat / Trailer Storage Lot (Highest Immediate Cash Flow)

Gravel both lots + add simple fencing/gates: $9,000$12,000 one-time Fit 1014 spaces (RVs, boats, work trucks, 5th-wheels) Charge $85$125/mo per spot (very easy in this area) Year 1 Gross: $10,200 $21,000 Cash-on-Cash:85175% after gravel cost Zero management tenants pay online, you just mow twice a year

2. Ground-Mount Solar Lease (True Passive Income)

Lease the entire 0.335 acres to a solar developer Typical FL rural rate right now: $400$650 per acre per year You get $134$218 per month with literally zero work 2025 year lease + they handle everything Cash-on-Cash: Infinite after year 1 (you keep the land + get paid forever)

3. 23 Tiny Home / ADU Cluster (Best Long-Term ROI)

Bring in 23 prefab tiny homes (400600 sqft each) Total cost to install (with utilities already there): $110$160K Rent each at $950$1,250/mo (strong demand from hospital workers & I-10 commuters) Total monthly income: $2,850 $3,750 Cash-on-Cash after Year 1: 1826% Can sell the homes + land later for big upside

4. Gravel Parking / Contractor Equipment Yard

Simple gravel + gate: $68K Rent to local contractors for equipment/truck parking Charge $150$300 per spot/mo 68 spots = $900$2,400/mo passive Cash-on-Cash: 140300% in first year

These are the lowest-effort, highest-return options for this exact piece of land.

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