Esplanade Way Tallahassee, FL 32311
- Retail properties
- 1,200 SF
- 1.00 lot acres
Current Use by Public Records
- Retail properties
Property Details for 0 Esplanade Way
- Lot size
- 1.00 lot acres
- Property size
- 1,200 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional investment opportunity presents two buildings totaling 1,200-4,000 square feet on a one-acre lot in Tallahassee, Florida. Located on Esplanade Way, this permit-ready site boasts 275 feet of frontage on South Blairstone Road, offering high visibility at its intersection with the heavily trafficked Capital Circle SE. The property includes a planned 4,000 square foot multi-tenant retail building with a drive-thru option, and a separate 1,200 square foot free-standing building, also with a potential drive-thru. The larger building's end cap space is adaptable, offering flexibility for various restaurant concepts. This location benefits from its proximity to a major Florida government complex (Department of Revenue and Department of Health), a CVS pharmacy, and the League of Southeastern Credit Union's corporate office. The Capital Circle SE Trail, a popular walking and biking path, runs adjacent to the property. Furthermore, the site is conveniently located approximately five miles from downtown Tallahassee and near the entrance to the Southwood Community, a large master-planned residential neighborhood with over 8,000 homes. The asking price is $875,000. This property is vacant and ready for immediate development. The property consists of two buildings on a one-acre lot in Leon County, Florida, zip code 32311.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Tallahassee
- County
- Leon
- State
- Florida
- Longitude
- -84.232
- Latitude
- 30.3976
