2727 Apalachee Pkwy Tallahassee, FL 32301
- Investment properties
- 11,969 SF
- 2.48 lot acres
Current Use by Public Records
- A Warm Touch LLC / Spa / Service Establishment
- Phenomenal Tresses / Hair Salon / Hair Extensions Supplier
- Hairitage by LaSylvia / Hair Salon
- Pure Elements Medical Spa LLC / Medical Spa
- Nails by HaileyB / Nail Salon
Property Details for 2727 Apalachee Pkwy
- Year built
- 1977
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 2.48 lot acres
- Property size
- 11,969 SF
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 31-04-20-460-000-0
- APU
- 3104204600000
Description
This exceptional two-story, Class A office building, located at 2727 Apalachee Parkway in Tallahassee, Florida (32301), offers 2,400 to 3,000 square feet of leasable space. Situated on a high-traffic corridor with over 33,000 vehicles passing daily, this property boasts excellent visibility and accessibility. The building features multiple tenancy options, with the landlord open to subdividing the space to accommodate individual needs. A unique advantage is the inclusion of a drive-thru option, which can be maintained even with multiple tenants. The property's strategic location is surrounded by a robust mix of national retailers and restaurants, including Culver's, IHOP, Aldi, Sam's Club, Walmart, Publix, and Starbucks, ensuring high foot and vehicle traffic. Its proximity to over one million square feet of office space within three miles provides access to a substantial daytime population. The property's APN is 3104204600000, and it is located in Leon County. This is a rare opportunity to secure prime commercial space in a thriving Tallahassee location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,840,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,370,000
- 6.5%
- $1,365,000
- 7%
- $1,345,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,515,000
- Geo Method
- $1,445,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,250,000
- Retail
- $1,460,000
- Mixed-Use
- $1,340,000
- Hospitality
- $1,505,000
- Educational
- $1,385,000
- Residential Income
- $1,145,000
- Energy
- $1,295,000
- Income-Based Land
- $1,445,000
- Food Service
- $1,345,000
Location Insight
- Map
- Local Demand
- City
- Tallahassee
- County
- Leon
- State
- Florida
- Longitude
- -84.2332
- Latitude
- 30.4262
- CBSA code
- 45220
- CBSA name
- TALLAHASSEE, FL METROPOLITAN STATISTICAL AREA
