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    5021 Tennessee Capital Blvd Tallahassee, FL 32303

    For Lease
    $12,000 /Mo

    High-traffic fenced lot, ideal retail/office.

    Lot size:
    65,340 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 1.5-acre commercial land parcel presents a unique investment opportunity. Strategically located in Leon County, Florida, this single-tenant property boasts excellent visibility and accessibility. Situated on Tennessee Capital Blvd, with Capital Circle NW as a cross street, the land benefits from a high traffic volume, boasting an impressive 35,500 AADT (Average Annual Daily Traffic) count at the intersection. The property is fully fenced, providing security and ease of use. Its AC (Activity Center) zoning allows for a variety of commercial uses, making it perfect for retail or office development. The location offers significant advantages, with close proximity to major retailers such as Walmart and Home Depot, ensuring high consumer traffic and brand recognition. The property's adjacency to the thriving Tennessee Capital Center, a bustling retail and office hub, further enhances its appeal and potential for success. The parcel's APN is 213060 B0500 213060 B0520 213060 B0010. This is a rare opportunity to acquire a prime commercial lot in a high-demand area with exceptional visibility and convenient access to major thoroughfares and established businesses. Don't miss this chance to secure a valuable asset in a rapidly growing market.

    Property Features for 5021 Tennessee Capital Blvd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    65,340 SF
    Total Rate
    12000

    Unit(s) available at that property

    Space
    Size
    65,340 SF
    Rate per SF
    $12,000

    HighLights

    • 1.5‑acre commercial land parcel for lease.
    • Single‑tenant occupancy.
    • Located in Leon County, adjacent to the Tennessee Capital Center, a thriving retail and office complex.
    • Zoned AC (Activity Center), ideal for retail or office use.
    • Fully fenced with excellent visibility and high traffic counts (35,500 AADT) at the Capital Circle NW and Tennessee Capital Blvd intersection.
    • Close proximity to Walmart and Home Depot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Gym & Fitness Accounting Firm Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Tallahassee
    County
    Leon
    State
    Florida
    Longitude
    -84.362888339319
    Latitude
    30.461484786234

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    FAQs

    What type of property is this?
    Land - High-traffic fenced lot, ideal retail/office.
    Where is this land located?
    The property is located at 5021 Tennessee Capital Blvd Tallahassee, FL.
    What is the lease rate?
    The lease rate is $12,000 /Mo.
    What are key features of this property?
    This property features: 1.5-acre commercial land parcel for lease.; Single-tenant occupancy.; Located in Leon County, adjacent to the Tennessee Capital Center, a thriving retail and office complex.
    Request Owner's contact information
    5021 Tennessee Capital Blvd Tallahassee, FL 32303
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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
    5021 Tennessee Capital Blvd Tallahassee, FL 32303
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