2420 Pensacola St Tallahassee, FL 32304-3015
This exceptional 1,600 square foot storefront retail space presents a unique investment opportunity in Leon County's vibrant university area. Ideally situated for businesses targeting the student population and local community, the property boasts excellent visibility and accessibility. Located on West Pensacola Street, it benefits from a high traffic count of 27,000 AADT, enhanced by a convenient median turn lane providing easy access to the ample on-site parking. The building offers paved parking directly in front, with additional spaces available to the side and rear. Its strategic location places it within walking distance of Tallahassee State College (formerly Tallahassee Community College), and a short drive from Florida State University and Doak Campbell Stadium. This ensures a consistent flow of potential customers. The surrounding area is bustling with retail activity, including a diverse range of restaurants, shops, grocery stores, gas stations, and student-oriented businesses. The entire 1,600 square feet is currently vacant, providing a blank canvas for a new tenant to establish their presence in this thriving commercial hub. This property offers a compelling combination of high visibility, convenient location, and ample parking, making it an ideal choice for a variety of retail ventures.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.