Automotive Service Shop with
897 N Monroe St Tallahassee, FL 32303
897 N Monroe St, Tallahassee, FL, 32303
Contact for pricing
For Sale
Contact for pricing
Well-maintained automotive shop offers a spacious showroom with three roll-up doors plus office and a covered outdoor area.
Property Size5,457 SF
Price / SF$238.23
Days on Market71
Property Features for 897 N Monroe St
General Information
- Standard status
- Active
- Size
- 5,457 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1966
Listing agency
TLG Real Estate Services
(850) 385-6363
Listed by
Bryan Cureton · License #FL 670038
Source
Crexi
Added: May 12 Updated: Jul 20 at 11:41PM Checked: Jul 20 at 11:41PM
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 TLG Real Estate Services
Investment Insights
Based on property information with market context.
Former Super Dave automotive shop is available for sale, featuring a spacious showroom with three roll-up doors designed for service access and flexible vehicle-related use. The interior also includes a front lobby and office area with a reception desk. Additional functionality is provided by a large outdoor covered area, supporting work, staging, or overflow activities.
The property is located on N Monroe St in Midtown and includes fourteen parking spaces. A curb cut provides access to Thomasville Rd and N Monroe St, with direct connectivity to US 27 and the surrounding Tallahassee market. The site is less than one mile from downtown Tallahassee and is surrounded by a mix of retail, office, and commercial users.
Overall, the layout combines showroom capacity, service-friendly doors, and on-site covered exterior space with dedicated parking and street access for customer and staff use.
The property is located on N Monroe St in Midtown and includes fourteen parking spaces. A curb cut provides access to Thomasville Rd and N Monroe St, with direct connectivity to US 27 and the surrounding Tallahassee market. The site is less than one mile from downtown Tallahassee and is surrounded by a mix of retail, office, and commercial users.
Overall, the layout combines showroom capacity, service-friendly doors, and on-site covered exterior space with dedicated parking and street access for customer and staff use.
Key Highlights
- 1966‑built, well‑maintained automotive shop with a spacious showroom and three roll‑up doors
- Includes front lobby and office area with a reception desk
- Large covered outdoor area for additional vehicle or work space
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 | $81.9k | $15.00 |
| − Vacancy | −$6.1k | −$1.13 |
| EGI | $75.7k | $13.88 |
| − OpEx | −$22.7k | −$4.16 |
| NOI | $53.0k | $9.71 |
5,457 SF · lease $15.00/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$757.2K
$662.5K – $883.4K
NOI $53,001 @ 7.0% cap · market cap 4.08%
Second Best
Industrial
$528.8K
$462.7K – $616.9K
NOI $37,015 @ 7.0% cap · market cap 2.85%
Theoretical Best
Office A
$1.34M
$1.17M – $1.56M
NOI $93,647 @ 7.0% cap · market cap 7.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Super Dave Window ...
Interior Design
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FAQs
What type of property is this?
Auto shop - Well-maintained automotive shop offers a spacious showroom with three roll-up doors plus office and a covered outdoor area.
Where is this auto shop located?
The property is located at 897 N Monroe St Tallahassee, FL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 1966‑built, well‑maintained automotive shop with a spacious showroom and three roll‑up doors; Includes front lobby and office area with a reception desk; Large covered outdoor area for additional vehicle or work space
