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    1212-1216 N Monroe St Tallahassee, FL 32303

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    For Sale
    $2,295,000

    7,933 SF retail strip center, 100% leased in Tallahassee.

    Property size:
    7,933 SF
    Lot size:
    0.14 Acres

    Property Features for 1212-1216 N Monroe St

    General Information

    Size
    7,933 SF
    Lot size
    0.14 Acres

    Source: Mattox Realty Agent Steve Mattox

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

    Overview

    Tallahassee Retail Strip Center For Sale

    Midtown Landing is a 7,933-square-foot retail strip center located in Tallahassee, Florida. The property is 100% leased and situated on a 1.0 +/- acre parcel of land. It has frontage on North Monroe Street. Constructed in the 1950s, the property underwent significant improvements in 2017 and 2022, including a recent exterior painting and exterior building lights upgrade. There are 45 parking spaces with street parking available to the west. Tenants include Brueggers Bagels, MDVIP, and Hummingbird Wine Bar & Kitchen, with outdoor seating available at the Wine Bar and Brueggers. The property features long-term leases with minimal Landlord responsibility. The property is suitable for retail, restaurants, coffee shops, and bars.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Tallahassee
    County
    Leon
    State
    Florida
    Longitude
    -84.2808077
    Latitude
    30.4320807

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    FAQs

    What type of property is this?
    Strip mall - 7,933 SF retail strip center, 100% leased in Tallahassee.
    Where is this strip mall located?
    The property is located at 1212-1216 N Monroe St Tallahassee, FL.
    What is the asking price?
    The asking price for this property is $2,295,000.
    What are key features of this property?
    This property features: - 100% Leased Retail Strip Center: Provides immediate income.; - Strong Frontage on North Monroe Street: Offers high visibility.; - Long-Term Leases with Minimal Landlord Responsibility: Offers stable income.
    (850) 508-4105
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    1212-1216 N Monroe St 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
    1212-1216 N Monroe St Tallahassee, FL 32303
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