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    4150 Monroe St Tallahassee, FL 32303

    Sponsored
    For Sale
    $2,000,000

    11.9 Acres, $2M, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 11.923-acre commercial land parcel in Tallahassee, Florida, presents a unique development opportunity. Located at 4150 North Monroe Street, this property boasts a prime location with high visibility and accessibility, experiencing an estimated 33,500 vehicles per day. The land is zoned PUD (Planned Unit Development), already approved for 80,000 square feet of commercial development. This significantly reduces the time and cost associated with obtaining necessary permits. Included with the property is an offsite stormwater operating permit, streamlining the development process further. The property's three tax parcel IDs are 210525 E0010, 210525 E0040, and 210525 E0050. Utilities are readily available through Talquin Electric. This substantial acreage offers significant potential for a variety of commercial ventures, capitalizing on its high-traffic location and existing entitlements. The asking price for this exceptional opportunity is $2,000,000. Don't miss this chance to acquire a premier commercial development site in a thriving Florida market. The property is situated in Leon County, Florida, with a zip code of 32303. Its coordinates are 30.5192 latitude and -84.352 longitude.

    Property Features for 4150 Monroe St

    General Information

    Property type
    Land
    Lot Size
    519,366 SF

    HighLights

    • 11.923 acres +/-
    • High traffic count: 33,500 vehicles per day
    • Tax Parcels: 210525 E0010, 210525 E0040, & 210525 E0050
    • Planned Unit Development (PUD) zoning
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop 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
    -84.352
    Latitude
    30.5192

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    FAQs

    What type of property is this?
    Land - 11.9 Acres, $2M, High Traffic
    Where is this land located?
    The property is located at 4150 Monroe St Tallahassee, FL.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: 11.923 acres +/-; High traffic count: 33,500 vehicles per day; Tax Parcels: 210525 E0010, 210525 E0040, & 210525 E0050
    Request Owner's contact information
    4150 Monroe St Tallahassee, FL 32303
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    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
    4150 Monroe St Tallahassee, FL 32303
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