1016 S Magnolia Dr Tallahassee, FL 32301
Property profile & analytics
1016 S Magnolia Dr, Tallahassee, FL 32301
- Community centers
- 6,009 SF
- 0.34 lot acres
Property ID
US18-2137863
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Stylish Shears / Barber Shop
Property Details for 1016 S Magnolia Dr
- Year built
- 1964
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.34 lot acres
- Property type
- Community centers
- Property subtype
- Shopping centers
- APN
- 11-31-20-454-000-0
- APU
- 1131204540000
Description
This exceptional Class A retail property, located at 1016 S Magnolia Dr in Tallahassee, Florida (32301), offers 3,519 square feet of vacant space within a 10,305 square foot building situated on a 0.343-acre lot. The single-story building, constructed in 1964, features multiple tenancies and is zoned UP1. Units range from a minimum of 973 square feet to a maximum contiguous space of 2,546 square feet, providing flexibility for various retail concepts. The property boasts ample surface parking and enjoys a highly visible location near Apalachee Pkwy in Leon County (APN: 1131204540000). Its convenient location offers easy access to a vibrant area, including hotels, restaurants, and diverse shopping options within a one-mile radius. Furthermore, its proximity to Downtown Tallahassee (less than one mile) and Florida State University (under 10 minutes) ensures high foot traffic and a strong customer base. This presents a unique opportunity for businesses seeking a thriving retail environment in a dynamic and accessible location. The property's convenient central location within a shopping strip center makes it an ideal choice for businesses seeking high visibility and accessibility.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,375,000
- ML approach
- $1,310,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,145,000
- 6.5%
- $1,055,000
- 7%
- $980,000
-
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $1,625,000 Current use
- INDUSTRIAL (GENERAL)
- $1,420,000 Change: -13% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Tallahassee
- County
- Leon
- State
- Florida
- Longitude
- -84.2622
- Latitude
- 30.4346
- CBSA code
- 45220
- CBSA name
- TALLAHASSEE, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,222
$40,728
$243,566
$284,294
-
$40,728
$243,566
$284,294
