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    3507 Thomasville Rd Tallahassee, FL 32309

    Sponsored
    For Sale
    $2,850,000

    Prime Location, High Traffic Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional restaurant property, located at 3507 Thomasville Rd in Tallahassee, Florida, presents a lucrative investment opportunity. The 6,942 square foot building sits on a 0.84-acre lot (APN: 11-05-20-403-0000) and is zoned AC. Its prime location within Tallahassee's popular northeast retail corridor ensures high visibility and accessibility. The property benefits from its proximity to the I-10 Interchange and Capital Circle NE, with convenient access from Thomasville Road and additional rear access via the Publix Shopping Center. High traffic counts further enhance its appeal: 57,000 AADT heading north from Capital Circle NE onto Thomasville Road and 13,000 AADT heading south on Thomasville Road. This established restaurant is offered at an asking price of $2,850,000 and represents a unique chance to acquire a thriving business in a high-demand area. The property's strategic location and substantial traffic volume make it an ideal investment for experienced restaurateurs seeking expansion or new entrepreneurs looking to establish a successful culinary venture in a vibrant and growing market. The single-unit property is ready for immediate occupancy and offers significant potential for continued growth and profitability. This is a rare opportunity to own a well-established restaurant in a high-traffic area of Tallahassee.

    Property Features for 3507 Thomasville Rd

    General Information

    Property type
    Restaurants
    Lot Size
    36,590 SF

    Building Details

    Units
    1

    HighLights

    • $2,850,000 asking price for a restaurant property.
    • 6,942 sq. ft. restaurant in Tallahassee, FL's popular northeast retail corridor.
    • Located near I‑10 Interchange and Capital Circle NE, with access from Thomasville Rd. and rear access via a Publix shopping center.
    • High traffic counts: 57,000 AADT northbound from Capital Circle NE onto Thomasville Rd. and 13,000 AADT southbound on Thomasville Rd.
    • 0.84‑acre lot, APN 11‑05‑20‑403‑0000, zoned AC.
    Property Profile Location Intelligence

    Current Use by Public Records

    Panda Buffet Buffet Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Tallahassee
    County
    Leon
    State
    Florida
    Longitude
    -84.2484684
    Latitude
    30.5076996

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    FAQs

    What type of property is this?
    Restaurant - Prime Location, High Traffic Area
    Where is this restaurant located?
    The property is located at 3507 Thomasville Rd Tallahassee, FL.
    What is the asking price?
    The asking price for this property is $2,850,000.
    What are key features of this property?
    This property features: $2,850,000 asking price for a restaurant property.; 6,942 sq. ft. restaurant in Tallahassee, FL's popular northeast retail corridor.; Located near I-10 Interchange and Capital Circle NE, with access from Thomasville Rd. and rear access via a Publix shopping center.
    Request Owner's contact information
    3507 Thomasville Rd Tallahassee, FL 32309
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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
    3507 Thomasville Rd Tallahassee, FL 32309
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