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Property profile & analytics
FOR LEASE
Investment properties

2727 Apalachee Pkwy Tallahassee, FL 32301

11,969 SF 2.48 ac lot Built 1977
Entity Owned 4-yr Hold Free & Clear
Property ID
US18-4717942
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1977
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 11,969 SF
Lot 2.48 ac (108,203 SF)
APN 31-04-20-460-000-0
UPID US18-4717942
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
  • 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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.69M
CAP Approach CAP
$1.74M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.61M
Owner & transaction history
Ac Davidson Properties LLC · 4 yrs held
Ac Davidson Properties LLC
since 2021
Last sale
$1.4M
1 recorded transaction
2021
$1.4M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $2.6M +23.6%
Office building $2.2M +8.1%
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