1800 Thomasville RdTallahassee, FL 32303

Property Details for 1800 Thomasville Rd

Year built

1961

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

4.14 AC

Property size (Sq ft)

98,756 SF

Property type

Retail properties

Property subtype

Community centers

APN

11-19-20-671-000-0

APU

1119206710000

Description

This exceptional retail opportunity is located at 1800 Thomasville Road in the vibrant Midtown Tallahassee, Florida, 32303 area. The property offers a total of 92,067 square feet of retail space, with multiple units currently available for lease. Individual spaces range from a minimum of 1,400 square feet to a maximum contiguous space of 9,918 square feet, providing flexibility for various business needs. A total of 18,310 square feet is currently vacant. This bustling location boasts a strong tenant mix, including well-established businesses such as Five Guys, Milano Pizza, JOANN Fabrics, Margaritas & Cocina, Cluster & Hop, Salon Centric, Fit & Functional, Sherwin Williams, Polished Nail Salon, and Healthy Pet, creating a vibrant and attractive environment for potential tenants. The property is a street-level retail space and does not include elevators. This is an ideal location for businesses seeking high visibility and access to a diverse customer base in a thriving commercial area. The property's size and layout offer significant potential for a variety of retail concepts. Inquire today to learn more about leasing opportunities and secure your space in this prime Midtown Tallahassee location.

• CAP approach

  CAP return

  Valuation

  6%

  $34,060,416

  6.5%

  $31,440,382

  7%

  $29,194,640

• Comparable approach

  Method

  Valuation

  Relative Method

  $17,691,822

  Geo Method

  $17,691,822

• Alternative Use

  Use

  Valuation

  Residential

  $26,521,140

  Hospitality

  $24,293,220

  Educational

  $20,211,674

  Medical

  $20,906,786

  Retail

  $31,440,382

Location Insight

City

Tallahassee

County

Leon

State

Florida

Latitude

30.4644

Longitude

-84.2721

CBSA code

45220

CBSA name

TALLAHASSEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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