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    227 E Palmer Ave Tallahassee, FL 32301

    For Sale
    $725,000

    COMMERCIAL - Tallahassee, FL

    Lot size:
    0.22 Acres
    Days on Market:
    90
    Last Refresh:
    Dec 14 at 1:06 am

    Property Features for 227 E Palmer Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    12073-41-01-20-409-000-0
    Parking
    12
    Lot size
    0.22 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Number of units
    1
    Building materials
    Block, Concrete

    Community Realty (850) 893-2115

    Listing agent Bob Teel (850) 893-2115 License #0117400

    Listing date Sep 16, 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

    Downtown Tallahassee Mixed-Use Building

    This unique downtown Tallahassee building currently offers space suitable for retail, offices, and warehouse operations. There is potential for converting the property into New York industrial-style living units, with additional space for retail or office units in the front area, along with warehouse space in the back. The surrounding area is undergoing upgrades, with new restaurants and entertainment businesses emerging. A city park is located just three blocks away. The lot size is 0.22 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    On the Rocks Bartending Event Planner Driftaway Float Center Wellness Center

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Law Firm Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Tallahassee
    County
    Leon
    State
    Florida
    Longitude
    -84.279744
    Latitude
    30.426941

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building with retail, office, and warehouse space in downtown.
    Where is this mixed-use property located?
    The property is located at 227 E Palmer Ave Tallahassee, FL.
    What is the asking price?
    The asking price for this property is $725,000.
    What are key features of this property?
    This property features: - Potential for conversion to New York industrial-style living units.; - Current space suitable for retail, offices, and warehouse operations.; - Prime downtown location.
    (850) 893-2115
    Request Owner's contact information
    227 E Palmer Ave Tallahassee, FL 32301
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    Tallahassee, FL 32301
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    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
    227 E Palmer Ave Tallahassee, FL 32301
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