Technical
Financial
Distress signals
Property profile

1875 Oak Rdg E Rd Tallahassee, FL 32305

OFF-MARKET
Community centers
Property ID
US18-3673618
2,520 SF 2.48 ac lot Built 2001
Entity Owned 7-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional retail investment opportunity presents a prime location in Woodville, a submarket of Tallahassee, Florida. The property, situated at 1875 Oak Ridge Rd E, 32305, comprises two single-story buildings totaling 15,093 square feet, constructed in 2001. The property sits on a 2.48-acre lot and offers ample parking with 65 spaces. The zoning is C-2, allowing for a variety of commercial uses. Currently featuring six suites, the property offers flexible space options, with a minimum divisible space of 1,200 square feet and a maximum contiguous space of 3,200 square feet. One space is currently available. The property benefits from excellent visibility due to its location on Woodville Highway, offering significant exposure to high traffic volume. The property's APN is 33-08-20-423-001.0. This is an ideal opportunity for investors seeking a well-located retail property in a thriving Tallahassee submarket. The property features convenient access and is situated near the intersection of Oak Ridge Rd E and Woodville Highway. No elevators are present. The property is located in the Tallahassee submarket, specifically the Woodville submarket cluster.

Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 2001
Construction FRAME
Total area 2,520 SF
Lot 2.48 ac (108,029 SF)
APN 33-08-20-423-001-0
UPID US18-3673618

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

1875 Oak Rdg E Rd Tallahassee, FL 32305-1701
Tallahassee metro Census 2604 TALLAHASSEE, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$370k

Owner & transaction history

since 2019
3 recorded transactions
2019
$665,000
2006
$1.4M
2004
$1.2M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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