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    2425 Apalachee Pkwy Tallahassee, FL 32301
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    Property profile & analytics

    2425 Apalachee Pkwy, Tallahassee, FL 32301

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    • Outlet malls
    • 25,774 SF
    • 2.50 lot acres
    Retail Space on Apalachee Pkwy For Lease
    $3,340,000
    3,167 SF

    Retail Space on Apalachee Pkwy

    Retail space in high-traffic area with established retail footprint.

    2425 Apalachee Pkwy, Tallahassee, FL
    View Listing
    Property ID
    US18-3730310
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • ALDI / Specialty Food Shop / Supermarket

    Property Details for 2425 Apalachee Pkwy

    Year built
    1994
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    2.50 lot acres
    Property type
    Outlet malls
    Property subtype
    Shopping centers
    APN
    31-04-20-212-000-0
    APU
    3104202120000

    Description

    This exceptional retail opportunity presents 3,167 square feet of recently renovated space within a larger building currently housing an ALDI grocery store. Located at 2425 Apalachee Pkwy, Tallahassee, FL 32301, this single-tenant space is situated on a 2.51-acre lot and benefits from ample on-site parking shared with the anchor tenant. The building, constructed in 1994, is zoned CP and boasts a total of 25,000 square feet. This space is ideal for a restaurant or retail establishment, given its proximity to high-traffic areas and established businesses. Neighboring businesses include Target, Governor's Mall, Pep Boys, Jason's Deli, Zaxby's, Whataburger, and Wendy's. Apalachee Parkway sees over 30,500 vehicles daily, ensuring high visibility and accessibility. The property's APN is 31-04-20-212-0000, and it's located in Leon County, near the intersection of Apalachee Parkway and Richardson. The lease rate includes common area maintenance (CAM). This is a fantastic chance to establish a business in a thriving Tallahassee location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $4,170,000
      6.5%
      $3,850,000
      7%
      $3,575,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,390,000
      Market price range: $899k - $3.30M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $5,490,000
      Current use
      OFFICE BUILDING
      $4,800,000
      Change: -13% Conversion: Easy
      COMMERCIAL (GENERAL)
      $4,440,000
      Change: -19% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Tallahassee
    County
    Leon
    State
    Florida
    Longitude
    -84.2399
    Latitude
    30.4276
    CBSA code
    45220
    CBSA name
    TALLAHASSEE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $55,735
    $653,400
    $2,467,769
    $3,121,169
    -
    $653,400
    $2,467,769
    $3,121,169
    View Listing
    More about this property
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