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    1111 W Gaines St Tallahassee, FL 32304

    For Lease
    $25 SF/Yr

    Retail opportunity in mixed-use student housing development near Florida State.

    Property size:
    348,410 SF
    Lot size:
    348,410 SF

    Property Features for 1111 W Gaines St

    General Information

    Size
    348,410 SF

    Source: Peter Gonzalez, Jr. Agent Peter Gonzalez, Jr.

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space Near FSU

    This retail opportunity is situated in "Perla," a new mixed-use student housing development with 618 beds, currently under construction and expected to be completed by May or June 2026. The property is located in Tallahassee, Florida, across the street from Florida State University and Doak Campbell Stadium, in the Collegetown District, and a few blocks from Downtown and Florida's State Capitol. The retail spaces available range from 750 square feet up to 11,900 square feet. The location benefits from proximity to approximately 65,400 college students in Tallahassee and has around 60 customer parking spaces. There are approximately 21,922 beds within a 1 mile radius.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    -84.3007902
    Latitude
    30.4353328

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    FAQs

    What type of property is this?
    Retail space - Retail opportunity in mixed-use student housing development near Florida State.
    Where is this retail space located?
    The property is located at 1111 W Gaines St Tallahassee, FL.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: - Prime retail location directly across from Florida State University and Doak Campbell Stadium.; - Located within "Perla," a brand new 618-bed mixed-use student housing development (delivery May/June 2026).; - Benefits from a large student population of approximately 65,400 in Tallahassee.
    (850) 510-7864
    Request Owner's contact information
    1111 W Gaines St Tallahassee, FL 32304
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    Tallahassee, FL 32304
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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
    1111 W Gaines St Tallahassee, FL 32304
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