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    952 Tharpe St Tallahassee, FL 32303

    Sponsored
    For Lease
    $52 SF/Yr ($3,466 /Mo)

    Prime Tallahassee location, 800 sq ft, new construction.

    Lot size:
    800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 800-square-foot retail property, located at 952 W Tharpe St in Tallahassee, Florida, 32303, presents a unique investment opportunity. Built in 2022, this Class A building features a highly desirable dual drive-thru configuration, perfect for quick-service restaurants or similar businesses. The single-tenant building is situated on a prominent corner lot at the intersection of Old Bainbridge Road and W Tharpe Street, benefiting from significant daily traffic volume. Its strategic location within a larger plaza, adjacent to a newly developed four-tenant strip center and a Family Dollar, ensures high visibility and accessibility. The property's proximity to multiple schools and Florida State University guarantees a consistent flow of potential customers, making it an ideal location for businesses targeting families and students. The one-story building offers 800 square feet of space, providing ample room for operations. This is a newly constructed, free-standing building representing a rare opportunity in a high-traffic area with strong demographics.

    Property Features for 952 Tharpe St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    800 SF
    Class
    A
    Total Rate
    3466.67

    Building Details

    Year Built
    2022
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    800 SF
    Rate per SF
    $52

    HighLights

    • Free‑standing building with dual drive‑thru configuration.
    • Located on a highly visible, signalized corner at Old Bainbridge Rd. and W Tharpe St., with 45,000+ daily traffic count.
    • Excellent location near one middle school, two high schools, and three universities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -84.2987981
    Latitude
    30.4641455

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    FAQs

    What type of property is this?
    Restaurant - Prime Tallahassee location, 800 sq ft, new construction.
    Where is this restaurant located?
    The property is located at 952 Tharpe St Tallahassee, FL.
    What is the lease rate?
    The lease rate is $52 SF/Yr.
    What are key features of this property?
    This property features: Free-standing building with dual drive-thru configuration.; Located on a highly visible, signalized corner at Old Bainbridge Rd. and W Tharpe St., with 45,000+ daily traffic count.; Excellent location near one middle school, two high schools, and three universities.
    Request Owner's contact information
    952 Tharpe St 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
    952 Tharpe St Tallahassee, FL 32303
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