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Property profile & analytics
FOR SALE
Turn key restaurants

18958 Blountstown Hwy Tallahassee, FL 32310

1,553 SF 2 ac lot Built 1960
Individually Owned 2-yr Hold ~ Est. High Equity
Property ID
US18-2772053
Property summary
AI-generated overview

This exceptional commercial property, located at 18958 Blountstown Highway in Tallahassee, Florida, presents a unique investment opportunity. Spanning two acres of land, the 1,553 square foot building is currently configured as a tire store, but its versatile design and prime location make it perfectly suited for a variety of commercial ventures. The high-traffic area ensures excellent visibility and accessibility for customers, making it an ideal spot for a convenience store, or other retail establishment. Alternatively, the property's spacious layout and ample land could easily accommodate an industrial business needing both indoor and outdoor space. The asking price is $205,000, representing a compelling value for a property with such strong potential in a thriving Tallahassee market. The existing structure provides a solid foundation for immediate occupancy or renovation, allowing for customization to meet the specific needs of a new business. Serious inquiries are encouraged to explore the possibilities this property offers. This is a rare opportunity to acquire a well-situated commercial property in a desirable location with significant growth potential. Don't miss out on this chance to establish your business in a high-traffic area with excellent visibility.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1960
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,553 SF
Lot 2 ac (87,120 SF)
APN 43-08-20-676-000-0
UPID US18-2772053
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
Current use
Occupant on record · Public records
  • Ron's Enterprises Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Nader Tala · 2 yrs held
Nader Tala
since 2023
Last sale
$140,000
3 recorded transactions
2023
$140,000
2005
$80,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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