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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

3122 Tennessee St Tallahassee, FL 32304

9,750 SF 1.96 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Total area 9,750 SF
Lot 1.96 ac (85,378 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • U.S. Auto Sales Car Dealership
  • Phantom Fireworks Stand Discount Store Party Supply Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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