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Property profile & analytics

Monroe St Tallahassee, FL 32301

  • Land
  • 0.62 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Land

Property Details for 0 Monroe St

Lot size
0.62 lot acres
Property type
Land

Description

This exceptional 0.62-acre commercial land parcel presents a prime development opportunity in Tallahassee, Florida. Located on South Monroe Street, just south of Orange Avenue, this property boasts a highly visible location with exceptional traffic counts exceeding 17,200 AADT on South Monroe Street and 26,000 AADT at the intersection of Orange Avenue and South Monroe Street. The property is zoned C2, allowing for a wide range of commercial uses, making it ideal for investors seeking versatile development options. Its strategic location is surrounded by established businesses, including prominent national chains like Taco Bell and McDonald's, ensuring high visibility and accessibility. The area is densely populated, with numerous apartment complexes and established neighborhoods nearby, providing a strong customer base for any commercial venture. This property comprises two lots (APN: 41-12-050-02-0100 & 41-12-050-02-0080) and offers ample space for development, making it an attractive investment for both short-term and long-term growth. The property's proximity to local beaches and its position on a major thoroughfare leading to these destinations further enhances its appeal. This is a rare opportunity to acquire a highly desirable commercial property in a thriving Tallahassee location. The asking price is $485,000.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Tallahassee
County
Leon
State
Florida
Longitude
-84.2807
Latitude
30.4076
More about this property
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