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Freestanding Retail Building For Sale

1449 E Lafayette St Tallahassee, FL 32301

1449 E Lafayette St, Tallahassee, FL, 32301
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For Sale
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3,400 SF retail building with high visibility and parking.

Property Size3,400 SF
Price / SF$132.35
AddedMay 15
Days on Market63
Last RefreshJul 15 at 4:44 pm

Property Features for 1449 E Lafayette St

General Information

Standard status
Active
Size
3,400 SF
Property subtype
RETAIL

Listing office NAI TALCOR | Tallahassee

Listing date May 15, 2026

Source Moodyscre

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

All listing content including descriptions, pricing, images are the copyrighted material of NAI TALCOR | Tallahassee


Investment Insights

Based on property information with market context.

This freestanding retail building offers 3,400 square feet of space suitable for various retail purposes. The property benefits from high visibility, signage opportunities, and convenient front door parking. Situated in a high-traffic location, the Urban Pedestrian Zoning (UP-2) supports a wide range of intensive commercial uses.

Key Highlights

  • High traffic location
  • Freestanding retail building
  • Great visibility with signage

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $51.0k $15.00
− Vacancy −$3.8k −$1.13
EGI $47.2k $13.88
− OpEx −$14.2k −$4.16
NOI $33.0k $9.71
3,400 SF · lease $15.00/SF/yr · vacancy 7.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$471.8K
$412.8K – $550.4K (±1% cap)
NOI $33,023 @ 7.0% cap · market cap 7.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$833.5K
$729.3K – $972.5K (±1% cap)
NOI $58,347 @ 7.0% cap · market cap 12.97%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Vintage 21 Home Decor Store

Suggested Use

Building Supply Big Box & Wholesale Store Real Estate Agency Kitchen & Bath Showroom Auto Repair Shop Garden Center HVAC Service Auto Parts Store Electrical Service Storage Facility

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

FAQs

What type of property is this?
Retail space - 3,400 SF retail building with high visibility and parking.
Where is this retail space located?
The property is located at 1449 E Lafayette St Tallahassee, FL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: High traffic location; Freestanding retail building; Great visibility with signage
Contact an agent
(850) 545-5649 Call to check price and availability
More about this property
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