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    218 S Magnolia Dr Tallahassee, FL 32301

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    For Lease
    Contact for pricing

    Retail and restaurant spaces available near downtown Tallahassee and FSU.

    Property size:
    1,800 SF
    Lot size:
    0.13 Acres

    Property Features for 218 S Magnolia Dr

    General Information

    Size
    1,800 SF
    Lot size
    0.13 Acres

    Source: Franklin Street | Jacksonville Agent Ricky Ostrofsky

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

    Overview

    Magnolia Drive Retail Opportunity

    This property offers a 3,500-square-foot retail space and a 1,800-square-foot second-generation restaurant space. It is located one mile east of Downtown Tallahassee and the State Capitol, and 1.5 miles east of Florida State University, which has a student population of 44,597. The property benefits from significant traffic flow, with Magnolia Drive seeing 28,000 vehicles per day and Apalachee Parkway recording 31,500 vehicles per day.
    Location Intelligence

    Current Use by Public Records

    Which Wich Superior ... Sandwich Shop Takko Korean Taqueria ... Korean Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Tallahassee
    County
    Leon
    State
    Florida
    Longitude
    -84.2621563
    Latitude
    30.4405313

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    FAQs

    What type of property is this?
    Turn key restaurant - Retail and restaurant spaces available near downtown Tallahassee and FSU.
    Where is this turn key restaurant located?
    The property is located at 218 S Magnolia Dr Tallahassee, FL.
    What are key features of this property?
    This property features: - High traffic counts: Magnolia Dr. (28,000 AADT) and Apalachee Pkwy (31,500 AADT).; - 3,500 SF available.; - Proximity to Downtown Tallahassee and the State Capitol (1 mile).
    (904) 271-4120
    Request Owner's contact information
    218 S Magnolia Dr Tallahassee, FL 32301
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    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
    218 S Magnolia Dr Tallahassee, FL 32301
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