4067 Lagniappe Way, Tallahassee, FL 32317
Exceptional opportunity to acquire 1.6 to 5 acres of commercial land in Tallahassee, Florida's thriving Fallschase Village Center. This premier location boasts a strategic position within a rapidly expanding retail hub, anchored by established national brands including Walmart, Costco, Bass Pro Shops, Applebee's, and McDonald's. Fallschase Village Center is projected to become Tallahassee's largest open-air shopping center, encompassing 750,000 square feet of retail and restaurant space. The property benefits from its location in a high-income area, with average household incomes exceeding $99,000 annually within a five-mile radius. This presents a unique investment chance in a market previously underserved due to significant development challenges. The presence of major anchors like Walmart and Costco creates a strong regional draw, establishing Fallschase as a key commercial destination in eastern Tallahassee. The property is situated at 4067 Lagniappe Way, Tallahassee, FL 32317, in Leon County. This land offers significant potential for various commercial ventures, capitalizing on the established success and high traffic volume of the surrounding retail environment. The site's size allows for flexibility in development plans, catering to a range of commercial uses.
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Costco Food Court Restaurant
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Costco Wholesale Big Box & Wholesale Store Discount Store
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Costco Bakery Bakery Specialty Food Shop
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Costco Pharmacy Pharmacy
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Family EyeCare Tallahassee Costco Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.