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    1875 Oak Ridge Rd Tallahassee, FL 32305

    Sponsored
    For Lease
    $9 SF/Yr ($11,319 /Mo)

    Retail Investment Opportunity in Tallahassee, FL

    Lot size:
    15,093 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail investment opportunity presents a prime location in Woodville, a submarket of Tallahassee, Florida. The property, situated at 1875 Oak Ridge Rd E, 32305, comprises two single-story buildings totaling 15,093 square feet, constructed in 2001. The property sits on a 2.48-acre lot and offers ample parking with 65 spaces. The zoning is C-2, allowing for a variety of commercial uses. Currently featuring six suites, the property offers flexible space options, with a minimum divisible space of 1,200 square feet and a maximum contiguous space of 3,200 square feet. One space is currently available. The property benefits from excellent visibility due to its location on Woodville Highway, offering significant exposure to high traffic volume. The property's APN is 33-08-20-423-001.0. This is an ideal opportunity for investors seeking a well-located retail property in a thriving Tallahassee submarket. The property features convenient access and is situated near the intersection of Oak Ridge Rd E and Woodville Highway. No elevators are present. The property is located in the Tallahassee submarket, specifically the Woodville submarket cluster.

    Property Features for 1875 Oak Ridge Rd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,093 SF
    Total Rate
    11319.75

    Building Details

    Year Built
    2001
    Buildings
    2
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    1,200 SF
    Rate per SF
    $9

    HighLights

    • 15,093 SF retail property on a 2.48‑acre lot in Woodville, Tallahassee, FL.
    • Two single‑story buildings built in 2001 with 65 parking spaces.
    • C‑2 zoning allows for diverse commercial uses.
    • Six suites available, with spaces divisible from 1,200 SF to a maximum contiguous 3,200 SF; one suite currently vacant.
    • High visibility location on Woodville Highway with high traffic counts.
    • APN: 33‑08‑20‑423‑001.0.
    Property Profile Location Intelligence

    Current Use by Public Records

    Big Randy’s Restaurant

    Suggested Use

    Restaurant Realty agency Building Supply Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Hotel & Motel Pharmacy Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Tallahassee
    County
    Leon
    State
    Florida
    Longitude
    -84.2480213
    Latitude
    30.32121056

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    FAQs

    What type of property is this?
    Individual retail property - Retail Investment Opportunity in Tallahassee, FL
    Where is this individual retail property located?
    The property is located at 1875 Oak Ridge Rd Tallahassee, FL.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: 15,093 SF retail property on a 2.48-acre lot in Woodville, Tallahassee, FL.; Two single-story buildings built in 2001 with 65 parking spaces.; C-2 zoning allows for diverse commercial uses.
    Request Owner's contact information
    1875 Oak Ridge Rd Tallahassee, FL 32305
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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
    1875 Oak Ridge Rd Tallahassee, FL 32305
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