101 Glenview Dr Tallahassee, FL 32303
- Commercial real estate
- 16,523 SF
- 1.20 lot acres
Current Use by Public Records
- Glenview Inn / Apartment Building
Property Details for 101 Glenview Dr
- Year built
- 1945
- Lot size
- 1.20 lot acres
- Property size
- 16,523 SF
- Property type
- Commercial real estate
Description
This exceptional multifamily investment opportunity presents a 27-unit apartment building situated on a 1.2-acre lot in Tallahassee, Florida. The property, known as the Glenview Inn, is listed at $1,900,000, translating to $114.99 per square foot and $70,370.37 per unit. The 16,523 square foot complex comprises four buildings constructed in 1945 and is classified as a Class C property. The permitted zoning is OR-3. This prime location offers significant redevelopment potential, boasting frontage on both North Monroe Street and Glenview Drive. Its strategic position places it within minutes of Downtown Tallahassee, Florida State University, Florida A&M University, and the city of Thomasville, Georgia. The surrounding area is densely populated with numerous national and local retail establishments, ensuring high visibility and convenient access for residents. This presents a unique chance to acquire a substantial multifamily asset in a thriving and highly desirable location. The property's size and location make it an attractive prospect for investors seeking to capitalize on the growing Tallahassee market. The existing structure provides a solid foundation for future development or renovation projects.
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
- -84.2824434
- Latitude
- 30.464886
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property Visit Statistics
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Visits by month11.6k
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Visitors by month9.3k
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Avg Time on site11 min