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Property profile & analytics
OFF-MARKET
Retail space

102 Dixie Dr Tallahassee, FL 32304

2,652 SF 0.55 ac lot Built 1954
Property ID
US18-2361882
Property summary
AI-generated overview

This exceptional storefront property at 102 Dixie Drive, Tallahassee, Florida, presents a remarkable investment opportunity. Boasting 2,652 square feet, this vacant retail space is situated on a 0.55-acre lot and benefits from excellent visibility and ample parking. The building, constructed in 1954 and renovated in 2005, features a brick and stucco façade. Its UT zoning allows for a variety of uses. The property enjoys a strategic location on busy Pensacola Street, surrounded by student housing, restaurants, and other retail establishments, ensuring high foot traffic and visibility. With an impressive 29,867 Annual Average Daily Traffic (AADT) on Pensacola Street, this location offers unparalleled access to a large customer base. The property's versatile nature makes it ideal for a range of businesses, including but not limited to hair salons, daycare centers, gyms, veterinary clinics, or restaurants with drive-thru capabilities. The asking price is $445,000. This is a rare chance to acquire a well-located, established retail space with significant potential for growth and profitability in a thriving Tallahassee market. The property's address is 102 Dixie Dr, Tallahassee, FL 32304. A second address listed is 2430 W Pensacola St, Tallahassee, FL 32304.

Property profile
Verified
Property type Retail space
Year built 1954
Total area 2,652 SF
Lot 0.55 ac (23,958 SF)
UPID US18-2361882
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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