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    917 Railroad Ave Tallahassee, FL 32310

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    For Sale
    $1,250,000

    0.76-acre property zoned Center Core near FSU and FAMU.

    Property size:
    3,120 SF
    Lot size:
    0.78 Acres

    Property Features for 917 Railroad Ave

    General Information

    Size
    3,120 SF
    Lot size
    0.78 Acres

    Source: The Naumann Group Real Estate Agent Brian S. Messer, CCIM

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

    Overview

    Tallahassee Multifamily Development Opportunity

    Located at 917 Rail Road Ave in Tallahassee, FL, this property presents an opportunity in a dynamic area. Situated on the corner of All Saints St and Rail Road Ave, the property encompasses approximately 0.76 acres and includes a 3,120 square foot building. The property's zoning designation is Center Core, allowing for a range of potential uses, including high-density multifamily development. Positioned between Florida State University (FSU) and Florida A&M University (FAMU), the location benefits from proximity to a large student population.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant 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
    -84.293523
    Latitude
    30.434111

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    FAQs

    What type of property is this?
    Apartment building - 0.76-acre property zoned Center Core near FSU and FAMU.
    Where is this apartment building located?
    The property is located at 917 Railroad Ave Tallahassee, FL.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: - Prime location on the hard corner of All Saints St and Rail Road Ave.; - Zoned Center Core, allowing for a wide array of potential uses including high-density multifamily development.; - Strategically positioned between Florida State University (FSU) and Florida A&M University (FAMU).
    (850) 933-6587
    Request Owner's contact information
    917 Railroad Ave Tallahassee, FL 32310
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    Tallahassee, FL 32310
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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
    917 Railroad Ave Tallahassee, FL 32310
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