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    2011 Adams St Tallahassee, FL 32301

    Sponsored
    For Sale
    $800,000

    Redevelop this 0.82-acre Tallahassee gem.

    Property size:
    7,168 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.82-acre mixed-use property, located at 2011 S. Adams Street in Tallahassee, Florida (zip code 32301), presents a compelling redevelopment opportunity within the vibrant SOMO District. The property boasts a total square footage of 7,168, encompassing a single, one-story building constructed in 1939. The existing structure has undergone partial renovations, providing a solid foundation for future development. Benefiting from excellent street frontage on South Adams Street, the property offers convenient ingress and egress points from both Kestner Street (south) and Perkins Street (north). The property is zoned CU-45, allowing for a wide range of potential uses, making it an ideal investment for those seeking a versatile and high-potential project. The asking price is $800,000, and the APN is 410150 N0010. This prime location in Leon County offers significant potential for a variety of commercial and residential ventures. Don't miss this chance to acquire a substantial property with considerable upside in a thriving Tallahassee neighborhood.

    Property Features for 2011 Adams St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    7,168 SF
    Lot Size
    35,719 SF

    Building Details

    Year Built
    1939
    Buildings
    1
    Stories
    1

    HighLights

    • 0.82‑acre mixed‑use property in Tallahassee, FL (32301) with 7,168 SF building.
    • Located in the SOMO District with excellent street frontage on S. Adams St.
    • 1939‑built, partially renovated, one‑story building.
    • CU‑45 zoning allows diverse commercial and residential uses.
    • Asking price: $800,000; APN: 410150 N0010.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Tallahassee
    County
    Leon
    State
    Florida
    Longitude
    -84.282065346646
    Latitude
    30.422022750521

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    FAQs

    What type of property is this?
    Mixed-use property - Redevelop this 0.82-acre Tallahassee gem.
    Where is this mixed-use property located?
    The property is located at 2011 Adams St Tallahassee, FL.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: 0.82-acre mixed-use property in Tallahassee, FL (32301) with 7,168 SF building.; Located in the SOMO District with excellent street frontage on S. Adams St.; 1939-built, partially renovated, one-story building.
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    2011 Adams St 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
    2011 Adams St Tallahassee, FL 32301
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