3513 Apalachee Pkwy Tallahassee, FL 32311-5305
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.
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Capital City Bank - ATM Only Atm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.