Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    818 Brevard St Tallahassee, FL 32304

    Sponsored
    For Sale
    $5,000,000

    Prime location, high rental income potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Tallahassee investment opportunity encompasses an entire city block on West Brevard Street, near Florida State University. The property includes multiple buildings and vacant lots, totaling approximately 0.7 acres, all zoned CU-18. The existing structures offer a diverse mix of commercial uses, including restaurant, storefront, and storage spaces. One building features 2,128 square feet and houses a vacant lot currently generating $2,500 monthly from a food truck tenant. Another building, at 998 square feet, is partially tenant-occupied, generating $1,000 in monthly rental income. A duplex at 912 square feet brings in $1,400 monthly from two tenants. A second duplex, totaling 2,188 square feet, is currently vacant. Additional vacant lots provide further development potential. The asking price for this entire block is $5,000,000. Buyer is responsible for verifying all square footage. This presents a unique chance to acquire a substantial mixed-use property in a high-demand area with significant income potential and redevelopment possibilities. The property's address is 818 W Brevard St, Tallahassee, FL 32304.

    Property Features for 818 Brevard St

    General Information

    Property type
    Individual retail properties

    HighLights

    • $5,000,000 asking price for an entire city block of mixed‑use properties in Tallahassee, FL.
    • Located on West Brevard Street near Florida State University.
    • Zoned CU‑18.
    • Includes multiple buildings totaling approximately 7,226 square feet, plus vacant lots.
    • Current income includes a $2,500/month food truck lease, a $1,000/month tenant lease, and a $1,400/month multi‑tenant lease.
    • Buyer responsible for verifying square footage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sweety Eaties Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply 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
    -84.2961539
    Latitude
    30.4494179

    Nearby Similar for Sale

    • $589,000
      0.17 Acres

      Tallahassee Commercial Building For Sale

      Two-story commercial building in Tallahassee, offering investment or owner-user opportunity.
      1355 E Lafayette St, Tallahassee, FL 32301
      View Details
    • $550,000

      Income-Producing Property on 10.52 Acres

      10.52-acre income property with homes and mobile homes.
      11350 Granny Ln, Tallahassee, FL 32305
      View Details
    • $950,000
      0.49 Acres

      Midtown Tallahassee Commercial Building For Sale

      Versatile commercial property in Midtown Tallahassee suitable for various business models.
      250 E 6Th Ave, Tallahassee, FL 32303
      View Details
    • $375,000
      0.17 Acres

      Tallahassee Historic Office Opportunity

      Charming 1926 building near Capitol and Leon County Library.
      128 N Bronough St, Tallahassee, FL 32301
      View Details
    • New
      $450,000
      0.13 Acres

      Midtown Tallahassee Mixed-Use Opportunity

      Prime location near shops, bars, and eateries.
      231 Lafayette Cir, Tallahassee, FL 32303
      View Details
    • New
      $410,000

      Tallahassee Duplex with Expansion Potential

      Income-generating duplex with development potential in Tallahassee, Florida.
      2227 Willie Vause Rd, Tallahassee, FL 32303
      View Details
    • $325,000

      Spacious Triplex Near Universities

      Triplex near universities, buildable lot, investment or house-hack opportunity.
      1292 Rumba Ln, Tallahassee, FL 32304
      View Details
    • $249,000

      Renovated Duplex Near Tallahassee College

      Duplex with renovated unit and tenant-occupied unit near amenities.
      1556 Patrick Ave, Tallahassee, FL 32310
      View Details
    • $200,000
      0.26 Acres

      Tallahassee Commercial Building For Sale

      5,444 sq. ft. commercial building in Tallahassee, Florida.
      2025 S Monroe St, Tallahassee, FL 32301
      View Details
    • $499,000
      0.48 Acres

      Versatile Mixed-Use Property, Tallahassee

      Office/retail property in SoMo District, close to downtown.
      1614 S Monroe St, Tallahassee, FL 32301
      View Details
    • $399,900
      0.07 Acres

      Waterfront RV Lot with Boat Lift

      Luxurious corner RV lot with boat lift and bay views.
      150 Smallwood Dr. #147, State Of Florida, FL 34138
      View Details
    • $990,000

      Turnkey Investment Property in Tallahassee

      Four fully renovated, income-generating properties with high-end finishes.
      717 E Tennessee St, Tallahassee, FL 32308
      View Details

    FAQs

    What type of property is this?
    Individual retail property - Prime location, high rental income potential.
    Where is this individual retail property located?
    The property is located at 818 Brevard St Tallahassee, FL.
    What is the asking price?
    The asking price for this property is $5,000,000.
    What are key features of this property?
    This property features: $5,000,000 asking price for an entire city block of mixed-use properties in Tallahassee, FL.; Located on West Brevard Street near Florida State University.; Zoned CU-18.
    Request Owner's contact information
    818 Brevard St Tallahassee, FL 32304
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    818 Brevard St
    Tallahassee, FL 32304
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    818 Brevard St Tallahassee, FL 32304
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.