8875 Woodville HwyTallahassee, FL 32305

Property Details for 8875 Woodville Hwy

Year built

2009

Construction

FRAME

Lot size

3.53 AC

Property size (Sq ft)

15,912 SF

Property type

Retail properties

Property subtype

Community centers

APN

33-08-20-501-000-0

APU

3308205010000

Description

This exceptional retail opportunity presents 1,500 square feet of vacant space within the Shoppes of Woodville, a single-story, 16,000 square foot strip plaza located at 8875 Woodville Highway in Tallahassee, Florida. Built in 2009, this property sits on a 3.53-acre lot and is zoned C-2, offering ample potential for a variety of retail uses. The plaza boasts 64 total parking spaces, ensuring convenient access for customers. The property's location offers excellent visibility and accessibility, situated nine miles from Downtown Tallahassee in the Woodville area, a census-designated place within Leon County. The property's APN is 33-08-20-501-0000. This single-tenant space presents a unique chance to establish a business in a thriving community with strong foot traffic potential. The building consists of one structure with a total of 16,000 square feet. The property is located in Leon County, Florida, with a zip code of 32305. This is an excellent opportunity for businesses seeking a well-maintained space in a convenient and accessible location.

• CAP approach

  CAP return

  Valuation

  6%

  $4,131,591

  6.5%

  $3,813,776

  7%

  $3,541,364

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,850,584

  Geo Method

  $2,850,584

• Alternative Use

  Use

  Valuation

  Residential

  $3,217,063

  Hospitality

  $2,946,812

  Educational

  $2,451,713

  Medical

  $2,536,031

  Retail

  $3,813,776

Location Insight

City

Tallahassee

County

Leon

State

Florida

Latitude

30.3203

Longitude

-84.2478

CBSA code

45220

CBSA name

TALLAHASSEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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