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Property profile & analytics
FOR SALE
Banks

3641 Coolidge Ct Tallahassee, FL 32311

4,464 SF 1.36 ac lot Built 2004
Individually Owned 13-yr Hold Free & Clear
Property ID
US18-4675444
Property summary
AI-generated overview

This exceptional 4,464 square foot office building, situated on a 1.34-acre lot in Tallahassee, Florida, presents a unique investment opportunity. Built in 2004, this Class B, single-story building is currently vacant and offers significant potential for a variety of uses. Located at 3641 Coolidge Ct, in the desirable SouthWood community, the property boasts convenient dual access via Coolidge Court and Esplanade, providing excellent visibility and signage opportunities. The ample 19-space surface parking lot complements the building's functionality. Originally a bank branch, the building features four drive-thru lanes, one ATM lane, and a Caterpillar generator, adding to its versatility. The property's permitted zoning is PUD (Planned Unit Development). The asking price is $1,225,000, translating to $274.42 per square foot. Its prime location and existing infrastructure make it ideal for financial institutions, healthcare providers, or other professional services. The APN is 31-16-26-00C-002.0. This is a rare opportunity to acquire a well-maintained property in a thriving community.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 2004
Construction WOOD
Total area 4,464 SF
Lot 1.36 ac (59,024 SF)
APN 31-16-26- C-002-0
UPID US18-4675444
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
  • Sunshine Savings Bank Bank Loan Service
  • The First Bank Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Sunshine Svgs Bk · 13 yrs held
Sunshine Svgs Bk
since 2013
2 recorded transactions
2013
$1.3M
2011
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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