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Property profile & analytics
OFF-MARKET Estimated value $1,160,000
Banks

3513 Apalachee Pkwy Tallahassee, FL 32311-5305

2,485 SF 0.9 ac lot Built 2003
Entity Owned 3-yr Hold Free & Clear
Property ID
US18-2930888
Property summary
AI-generated overview

This exceptional retail property, a former bank branch, offers 2,485 square feet of space situated on a 0.9-acre lot in Tallahassee, Florida. Located at 3513 Apalachee Parkway, near the intersection of Apalachee Parkway and Capital Circle, this single-tenant building boasts excellent highway visibility and accessibility. Built in 2003, the one-story structure features 16 parking spaces and benefits from full primary access as well as secondary access to two lighted intersections. The property enjoys a high traffic count of approximately 31,000 vehicles daily, making it an ideal location for a variety of businesses. Its previous use as a drive-thru bank suggests suitability for similar businesses, including fast food restaurants, financial institutions, car washes, healthcare facilities, or auto-related businesses. The property is available for sale or lease and presents a compelling opportunity for investors and entrepreneurs seeking a high-traffic location with significant visibility in a thriving Tallahassee market. The property's location on a Wal-Mart outparcel further enhances its desirability and potential for success.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 2003
Construction WOOD
Total area 2,485 SF
Lot 0.9 ac (39,204 SF)
APN 31-03-45-000-004-0
UPID US18-2930888
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
  • Capital City Bank - ATM Only Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.27M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.16M
Owner & transaction history
Cpg Ap Parkway LLC · 3 yrs held
Cpg Ap Parkway LLC
since 2023
Last sale
$1.2M
3 recorded transactions
2023
$1.2M
1997
$350,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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