Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1612 Old Bainbridge Rd Tallahassee, FL 32303

    For Sale
    $350,000

    MULTI_FAMILY - Tallahassee, FL

    Lot size:
    1.46 Acres
    Days on Market:
    13
    Last Refresh:
    Dec 15 at 9:06 am

    Property Features for 1612 Old Bainbridge Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    12073-21-26-20-023-000-0
    Lot size
    1.46 Acres

    Utilities

    Water source
    Public

    American Real Estate Agency, I 2242732

    Listing agent David A Wesolowski (850) 533-6547 License #3218992

    Listing date Dec 3, 2025

    Copyright © 2025 Tallahassee Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multifamily Land Approved for Development

    Two multifamily lots are available for sale on Old Bainbridge Road in Tallahassee, Florida. The properties, located at 1612 & 1614 Old Bainbridge, are zoned MR-1 and approved for a multifamily apartment building with the potential for up to 36 units, contingent on a density bonus from the City of Tallahassee. The site is 1.46 acres. All utilities are present at the site, including water, sewer, gas, and cable. An existing warehouse is located on the premises, measuring approximately 30x50 feet, which could be utilized by a small business while building plans are being finalized. The owner is open to a potential build-to-suit arrangement.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tallahassee
    County
    Leon
    State
    Florida
    Longitude
    -84.297499
    Latitude
    30.461145

    Nearby Similar for Sale

    • $589,000
      0.17 Acres

      Tallahassee Commercial Building For Sale

      Two-story commercial building in Tallahassee, offering investment or owner-user opportunity.
      1355 E Lafayette St, Tallahassee, FL 32301
      View Details
    • $595,000

      Student Housing Investment Opportunity

      Two properties near FSU, TCC, and TSC with strong rental history.
      105 Columbia Dr, Tallahassee, FL 32304
      View Details
    • $550,000

      Income-Producing Property on 10.52 Acres

      10.52-acre income property with homes and mobile homes.
      11350 Granny Ln, Tallahassee, FL 32305
      View Details
    • $950,000
      0.49 Acres

      Midtown Tallahassee Commercial Building For Sale

      Versatile commercial property in Midtown Tallahassee suitable for various business models.
      250 E 6Th Ave, Tallahassee, FL 32303
      View Details
    • $375,000
      0.17 Acres

      Tallahassee Historic Office Opportunity

      Charming 1926 building near Capitol and Leon County Library.
      128 N Bronough St, Tallahassee, FL 32301
      View Details
    • $410,000

      Tallahassee Duplex with Expansion Potential

      Income-generating duplex with development potential in Tallahassee, Florida.
      2227 Willie Vause Rd, Tallahassee, FL 32303
      View Details

    FAQs

    What type of property is this?
    Commercial land - Two multifamily lots approved for 36 units in Tallahassee.
    Where is this commercial land located?
    The property is located at 1612 Old Bainbridge Rd Tallahassee, FL.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: - Approved for multifamily apartment building with up to 36 units (with density bonus).; - Zoned MR-1 for multifamily use.; - All utilities present at site (water, sewer, gas, cable).
    (850) 533-6547
    Request Owner's contact information
    1612 Old Bainbridge Rd Tallahassee, FL 32303
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1612 Old Bainbridge Rd
    Tallahassee, FL 32303
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1612 Old Bainbridge Rd Tallahassee, FL 32303
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.