Property summary
This exceptional retail opportunity is located at Lake Ella Plaza, a thriving shopping center in Tallahassee, Florida. The property, situated at 1700 N Monroe St (and 1694 N Monroe St), boasts a total of 90,322 square feet within a single, one-story building constructed in 2002 and renovated in 2024. Currently, 3,000 square feet of space is available, divisible into units as small as 1,000 square feet, with a maximum contiguous space of 3,000 square feet. The property sits on an 11.86-acre lot and offers ample parking with a ratio of 4.76 spaces per 1,000 square feet. The center enjoys a prime location on N Monroe Street (US 27), a major thoroughfare with a high average annual daily traffic count of 37,588 vehicles. Its strategic position provides excellent visibility and accessibility, further enhanced by its proximity to Tharpe Street and Martin Luther King Blvd. Lake Ella Plaza benefits from its association with a high-performing Publix supermarket, along with other established businesses including UPS, H&R Block, and various restaurants and service providers. The property is zoned as Activity Center and is conveniently located near Florida State University (FSU), Florida A&M University (FAMU), Tallahassee Community College (TSC), government offices, and a substantial residential population. This presents a unique opportunity to establish or expand a business in a well-established, high-traffic location with a proven track record of tenant longevity. City electric power is available. The APN is 2125200240000.
Property profile
VerifiedCap rate & NOI
Current use
-
Gym & Fitness Center
-
Courier Service Postal Service
-
Construction Company
-
(Bike/Boat/Book/etc) Store Corporate Office
-
Cafe & Coffee Shop
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight