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    3840 N Monroe St Suite, Unit 105 Tallahassee, FL 32303

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    For Sale
    $650,000

    Restaurant with dedicated clientele, fully built kitchen, ample parking.

    Property size:
    70,000 SF

    Property Features for 3840 N Monroe St Suite

    General Information

    Size
    70,000 SF

    Source: Debbie Ashlin Agent Debbie Ashlin

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

    Overview

    Turnkey Restaurant in Tallahassee

    This turnkey restaurant for sale has served the Tallahassee community for decades, surviving a change of location and thriving after COVID. The restaurant features a solid staff and a simple, effective menu, presenting a great investment opportunity. The existing kitchen could save a restaurateur upwards of a quarter-million dollars. The property benefits from ample parking and high traffic volume. It is located at a major intersection of Highway 90 within the Lake Jackson Town Center, situated in the northwest corner of North Monroe Street and Fred George Road in Northwest Tallahassee, approximately 1.5 miles north of I-10. The property size is 70000 square feet.
    Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    Map

    City
    Tallahassee
    County
    Leon
    State
    Florida
    Longitude
    -84.3466
    Latitude
    30.512

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    FAQs

    What type of property is this?
    Restaurant - Restaurant with dedicated clientele, fully built kitchen, ample parking.
    Where is this restaurant located?
    The property is located at 3840 N Monroe St Suite, Unit 105 Tallahassee, FL.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - Turnkey Restaurant: Ready for immediate operation.; - Fully Built High-Grade Kitchen: Save upwards of $250,000 in equipment costs.; - Dedicated Clientele: Established customer base.
    (850) 544-5677
    Request Owner's contact information
    3840 N Monroe St Suite, Unit 105 Tallahassee, FL 32303
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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
    3840 N Monroe St Suite, Unit 105 Tallahassee, FL 32303
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