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    2727 Apalachee Pkwy Tallahassee, FL 32301
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    Property profile & analytics

    2727 Apalachee Pkwy Tallahassee, FL 32301


    • Investment properties
    • 11,969 SF
    • 2.48 lot acres
    Retail, Office For Lease
    $1,605,000

    Retail, Office

    Retail space

    2727 Apalachee Pkwy, Tallahassee, FL 32301
    View Listing
    Property ID
    US18-4717942
    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
    $1,605,000
    Cap Rate Potential
    6.1%
    Investment properties
    Location Intelligence

    Current Use by Public Records

    • A Warm Touch LLC / Spa & Massage Center
    • Phenomenal Tresses / Hair Salon
    • Hairitage by LaSylvia / Hair Salon
    • Pure Elements Medical Spa LLC / Spa & Massage Center / Alternative Medicine Practice
    • Nails by HaileyB / Nail Salon

    Property Details for 2727 Apalachee Pkwy

    Year built
    1977
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    2.48 lot acres
    Property size
    11,969 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    31-04-20-460-000-0
    APU
    3104204600000

    Description

    This exceptional two-story, Class A office building, located at 2727 Apalachee Parkway in Tallahassee, Florida (32301), offers 2,400 to 3,000 square feet of leasable space. Situated on a high-traffic corridor with over 33,000 vehicles passing daily, this property boasts excellent visibility and accessibility. The building features multiple tenancy options, with the landlord open to subdividing the space to accommodate individual needs. A unique advantage is the inclusion of a drive-thru option, which can be maintained even with multiple tenants. The property's strategic location is surrounded by a robust mix of national retailers and restaurants, including Culver's, IHOP, Aldi, Sam's Club, Walmart, Publix, and Starbucks, ensuring high foot and vehicle traffic. Its proximity to over one million square feet of office space within three miles provides access to a substantial daytime population. The property's APN is 3104204600000, and it is located in Leon County. This is a rare opportunity to secure prime commercial space in a thriving Tallahassee location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,840,000
      ML approach
      $1,690,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,885,000
      6.5%
      $1,740,000
      7%
      $1,615,000
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $2,060,000
      Current use
      RETAIL STORES
      $2,550,000
      Change: +24% Conversion: Easy
      OFFICE BUILDING
      $2,230,000
      Change: +8% Conversion: Easy
      MEDICAL BUILDING
      $2,005,000
      Change: -3% Conversion: Easy
      WAREHOUSE, STORAGE
      $1,660,000
      Change: -20% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    Tallahassee
    County
    Leon
    State
    Florida
    Longitude
    -84.2332
    Latitude
    30.4262
    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
    $30,351
    $607,089
    $1,102,898
    $1,709,987
    -
    $607,089
    $1,102,898
    $1,709,987
    View Listing
    More about this property
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