Building Details

Units 2

Tenancy Single

Listing Agency: Azora Exan Capital, LLC

Listed By: Nicolas Guemes · License #BK3306031

Source: Crexi

Added: Mar 18 Changed: Aug 8 Last Checked: Aug 24 at 5:00PM

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Investment Insights

Based on property information with market context.

An industrial property is available for sale in Tallahassee, Florida. The property is being offered as an investment opportunity with a capitalized rate of 5.75%.

Key Highlights

• Industrial property
• Offering a 5.75% CAP rate

Property Analytics

Property Profile

Current Use

FedEx Ground Trucking Company

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Restaurant Auto Parts Store HVAC Service Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

99

Businesses Nearby

Explore this area Business Placement

Demographics for 32317, FL

14,459

Population

5,817

Households

2.5

Avg Household Size

45

Median Age

56%

College-Educated

97%

High-School Grad

35.6 sq mi

ZIP Area

406

Density / Sq Mi

$121,802

Median Household Income

$59,311

Median Earnings

$1,502

Median Rent

$344,200

Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this industrial properties located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Industrial property - Industrial property available for sale in Tallahassee, Florida.

Where is this industrial property located?

The property is located at 2058 Summit Lake Dr Tallahassee, FL.

What is the asking price?

The asking price for this property is $35,742,922.

What are key features of this property?

This property features: Industrial property; Offering a 5.75% CAP rate