3122 Tennessee St Tallahassee, FL 32304
This 9,750-square-foot auto shop in Tallahassee, Florida, is offered at $2,275,000. Located at 3122 W Tennessee St., this single-tenant, NNN-leased property sits on a 1.96-acre lot and boasts 85 parking spaces. The building, renovated in 2022, includes over 4,500 square feet of air-conditioned office space, a showroom, and a full-service mechanical shop ideal for auto repair and customization. The property features impeccable visibility from Tennessee St., adjacent to the intersection of Capital Circle NW, a high-traffic area where dealerships have thrived for over a decade. Recent improvements include a brand-new roof (2022) and a completely repaved parking lot. The property is zoned CP and offers a unique opportunity for continued success in a well-established automotive retail location. The building is a single-story structure with excellent frontage and ample space for various automotive-related businesses. This turnkey operation presents a strong investment opportunity with significant potential for return. The asking price is $233.33 per square foot.
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U.S. Auto Sales Car Dealership
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Phantom Fireworks Stand Discount Store Party Supply Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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