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Property profile & analytics
FOR LEASE
Turn key restaurants

1485 Blountstown St Tallahassee, FL 32304

5,720 SF 2.08 ac lot Built 1972
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US18-8113083
Property summary
AI-generated overview

This exceptional retail property, located at 1485 Blountstown Highway in Tallahassee, Florida, presents a fantastic opportunity for businesses seeking a high-visibility location. The single-tenant building, constructed in 1972, offers 2,160 square feet of versatile space on a half-acre lot (0.5 acres). The property boasts a convenient single-story design, making it easily accessible for customers and employees. Its zoning classification is CP, and the APN is 2129200460000. Situated in Leon County, with a Tallahassee zip code of 32304, this property benefits from ample parking and high foot traffic, ensuring maximum exposure for your business. The property's strategic location provides easy access and convenience for customers and employees alike. This well-maintained building offers a customizable space and a professional environment, ideal for establishing or expanding your business within a thriving community. The property is ready for immediate occupancy and presents a unique opportunity to capitalize on a prime retail location in a bustling area of Tallahassee. This is an excellent chance to secure a strong foothold in a desirable market.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1972
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,720 SF
Lot 2.08 ac (90,605 SF)
APN 21-29-20-046-000-0
UPID US18-8113083
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
AI Approach AI
$1.50M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.30M
Blend (final) Blend
$1.50M
Owner & transaction history
Jubran Brothers 2 INC · 2 yrs held
Jubran Brothers 2 INC
since 2024
Last sale
$1.5M
2 recorded transactions
2024
$1.5M
2019
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $2.1M +63.2%
Neighborhood: shopping center $1.6M +24.5%
Industrial (general) $1.4M +4.2%
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