1489 Max DrTallahassee, FL 32303

Property Details for 1489 Max Dr

Year built

1986

Construction

FRAME

Lot size

0.59 AC

Property size (Sq ft)

3,000 SF

Property type

Turn key restaurants

APN

21-20-20-641-000-0

APU

2120206410000

Description

This exceptional 3,000-square-foot industrial property, located at 1489 Max Drive, Leon County, offers a single-tenant occupancy in a highly desirable location. The building, constructed in 1986, sits on a sizable 0.59-acre lot, providing ample space and excellent visibility. Its zoning designation, M-1 Light Industrial, allows for a variety of uses. The warehouse features two convenient grade-level roll-up doors, facilitating easy loading and unloading. Inside, you'll find a well-appointed small office area with multiple private offices, a shower, and a dedicated storage room. The property boasts a large fenced and gated yard, enhancing security and providing additional outdoor storage or operational space. Its prime corner lot location on Max Drive and Garber Drive offers exceptional signage opportunities for increased brand visibility. The property's convenient access to I-10 ensures efficient transportation and logistics. This turnkey solution is available for occupancy beginning February 1, 2024. The property's APN is 2120206410000. Don't miss this opportunity to secure a well-maintained, strategically located industrial space.

• CAP approach

  CAP return

  Valuation

  6%

  $599,475

  6.5%

  $553,361

  7%

  $513,835

• Comparable approach

  Method

  Valuation

  Relative Method

  $537,440

  Geo Method

  $537,440

• Alternative Use

  Use

  Valuation

  Residential

  $466,781

  Hospitality

  $427,569

  Educational

  $355,732

  Medical

  $367,966

  Retail

  $553,361

Location Insight

City

Tallahassee

County

Leon

State

Florida

Latitude

30.4664

Longitude

-84.3545

CBSA code

45220

CBSA name

TALLAHASSEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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