Property summary
This exceptional restaurant property, located at 3507 Thomasville Rd in Tallahassee, Florida, presents a lucrative investment opportunity. The 6,942 square foot building sits on a 0.84-acre lot (APN: 11-05-20-403-0000) and is zoned AC. Its prime location within Tallahassee's popular northeast retail corridor ensures high visibility and accessibility. The property benefits from its proximity to the I-10 Interchange and Capital Circle NE, with convenient access from Thomasville Road and additional rear access via the Publix Shopping Center. High traffic counts further enhance its appeal: 57,000 AADT heading north from Capital Circle NE onto Thomasville Road and 13,000 AADT heading south on Thomasville Road. This established restaurant is offered at an asking price of $2,850,000 and represents a unique chance to acquire a thriving business in a high-demand area. The property's strategic location and substantial traffic volume make it an ideal investment for experienced restaurateurs seeking expansion or new entrepreneurs looking to establish a successful culinary venture in a vibrant and growing market. The single-unit property is ready for immediate occupancy and offers significant potential for continued growth and profitability. This is a rare opportunity to own a well-established restaurant in a high-traffic area of Tallahassee.
Property profile
VerifiedCap rate & NOI
Current use
-
Restaurant Buffet
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Tallahassee market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight