3507 Thomasville Rd Tallahassee, FL 32309
Property Lookup
Property profile & analytics
3507 Thomasville Rd Tallahassee, FL 32309
- Turn key restaurants
- 6,942 SF
- 0.84 lot acres
Property ID
US18-4295590
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.
Location Intelligence
Current Use by Public Records
- Panda Buffet / Restaurant / Buffet
Property Details for 3507 Thomasville Rd
- Year built
- 1986
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.84 lot acres
- Property size
- 6,942 SF
- Property type
- Turn key restaurants
- APN
- 11-05-20-403-000-0
- APU
- 1105204030000
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,600,000
- ML approach
- $1,480,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,073,000
Market price range: $760k - $2.88M -
Alternative Use
- Use
- Estimation
- RESTAURANT
- $1,740,000 Current use
- INDUSTRIAL (GENERAL)
- $2,125,000 Change: +22% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $1,955,000 Change: +12% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $1,480,000 Change: -15% Conversion: Easy
- RETAIL STORES
- $1,480,000 Change: -15% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Tallahassee
- County
- Leon
- State
- Florida
- Longitude
- -84.2484
- Latitude
- 30.5077
- 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
$17,749
$329,310
$587,976
$917,286
-
$329,310
$587,976
$917,286
