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    1010-1108 S Magnolia Dr Tallahassee, FL 32301

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    For Lease
    $20 SF/Yr ($4,243 /Mo)

    Prime retail location near downtown, FSU, and College Town.

    Property size:
    2,546 SF
    Lot size:
    1.13 Acres

    Property Features for 1010-1108 S Magnolia Dr

    General Information

    Size
    2,546 SF
    Lot size
    1.13 Acres

    Source: Bay City Realty LLC Agent Mehdi Moeini, CCIM, CPM, MiCP

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

    Overview

    Retail Space in Central Tallahassee

    This commercial retail space is located in a shopping strip center with long-term tenants in central Tallahassee, approximately one mile east of downtown. Situated on the west side of South Magnolia Drive, it's just south of the intersection of East Lafayette Street and about two blocks south of Apalachee Parkway (U.S. Highway 27). The location is within a mile radius of hotels, restaurants, and various shopping options. The property is also less than 10 minutes from Florida State University campus and the College Town district. The available space, totaling 2546 square feet, features an interior ready for transformation and customization. An asphalt-paved parking lot provides ample parking. The surrounding area is known for its parks, boutique hotels, unique dining, museums, arts, and music scene, offering an exciting opportunity for any retail business.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    -84.2619529
    Latitude
    30.4351288

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    FAQs

    What type of property is this?
    Strip mall - Prime retail location near downtown, FSU, and College Town.
    Where is this strip mall located?
    The property is located at 1010-1108 S Magnolia Dr Tallahassee, FL.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - Prime central Tallahassee location, just one mile from Downtown.; - High visibility and accessibility on South Magnolia Drive.; - Enjoy the proximity to hotels, restaurants, and diverse shopping options within a one-mile radius.
    (850) 380-0877
    Request Owner's contact information
    1010-1108 S Magnolia Dr 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
    1010-1108 S Magnolia Dr Tallahassee, FL 32301
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