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    3434 Monroe St Tallahassee, FL 32301

    Sponsored
    For Sale
    $1,625,000

    12,400 SF Warehouse, Multiple Uses

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This vacant, 12,400-square-foot warehouse building in Tallahassee, Florida, presents a significant investment opportunity. Located at 3434 S Monroe St, this property boasts 6,200 square feet of heated and cooled space, complemented by an additional 6,200 square feet of basement area. The building features a convenient roll-up door at the rear, providing easy access for loading and unloading. Its strategic location offers excellent accessibility, with access points from both South Adams and South Monroe Streets. The property sits on a 2.1-acre lot, zoned M-1 Light Industrial, allowing for a variety of potential uses. Its proximity to the North Florida Fair Grounds, Leon County Tax Collector Office, and University Courtyard Apartments ensures high visibility and convenient access to amenities. Furthermore, its location is approximately 2.5 miles from the Capitol Complex and other government buildings, making it an attractive option for businesses serving government agencies or those seeking a central location within the city. The ample space and versatile layout offer significant potential for expansion and customization, making it ideal for a range of businesses, including but not limited to lawn and tree services, automotive repair, contracting, warehousing, or self-storage. The property's APN is 41132000070000. The asking price is $1,625,000.

    Property Features for 3434 Monroe St

    General Information

    Property type
    Distribution properties
    Lot Size
    91,476 SF

    HighLights

    • $1,625,000 asking price for a vacant warehouse.
    • 12,400 SF warehouse building (6,200 SF heated/cooled + 6,200 SF basement) with M‑1 Light Industrial zoning.
    • Located at 3434 S Monroe St, Tallahassee, FL 32301, on a 2.1‑acre lot (APN: 41132000070000).
    • Features a roll‑up door and access from S Adams and S Monroe Streets.
    • Excellent location near the North Florida Fair Grounds, Leon County Tax Collector's Office, and University Courtyard Apartments; approximately 2.5 miles from the Capitol Complex.
    Property Profile Location Intelligence

    Current Use by Public Records

    Tallahassee School of Math ... Charter School Greater Mt Pleasant Baptist Church

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Tallahassee
    County
    Leon
    State
    Florida
    Longitude
    -84.2810292
    Latitude
    30.4021612

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    FAQs

    What type of property is this?
    Distribution property - 12,400 SF Warehouse, Multiple Uses
    Where is this distribution property located?
    The property is located at 3434 Monroe St Tallahassee, FL.
    What is the asking price?
    The asking price for this property is $1,625,000.
    What are key features of this property?
    This property features: $1,625,000 asking price for a vacant warehouse.; 12,400 SF warehouse building (6,200 SF heated/cooled + 6,200 SF basement) with M-1 Light Industrial zoning.; Located at 3434 S Monroe St, Tallahassee, FL 32301, on a 2.1-acre lot (APN: 41132000070000).
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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
    3434 Monroe St Tallahassee, FL 32301
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