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    3734 Woodville Hwy Tallahassee, FL 32305
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    3734 Woodville Hwy, Tallahassee, FL 32305

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    • Turn key restaurants
    • 4,806 SF
    • 1.00 lot acres
    For Sale
    $385,000
    View Listing →
    Woodville Highway Auto Shop For Sale
    $385,000
    4,806 SF

    Woodville Highway Auto Shop

    Fenced 1-acre property with 8-bay garage and office.

    3734 Woodville Highway, Tallahassee, FL 32305
    View Listing
    Property ID
    US18-3488526
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Brown's Body & Paint Shop / Auto Repair Shop

    Property Details for 3734 Woodville Hwy

    Year built
    1974
    Construction
    FRAME
    Lot size
    1.00 lot acres
    Property type
    Turn key restaurants
    APN
    41-13-20-419-000-0
    APU
    4113204190000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Tallahassee
    County
    Leon
    State
    Florida
    Longitude
    -84.2781
    Latitude
    30.3916
    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
    $1,682
    $43,560
    $69,304
    $112,864
    -
    $43,560
    $69,304
    $112,864

    Comparable in this City

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      1,800 SF

      4215 Woodville Hwy

      RESTAURANT
      4215 Woodville Hwy, Tallahassee, FL 32305-7465
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      $505,000
      2,664 SF

      5065 Capital SW Cir

      RESTAURANT
      5065 Capital SW Cir, Tallahassee, FL 32305-7671
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      1,020 SF

      4735 Crawfordville Rd

      RESTAURANT
      4735 Crawfordville Rd, Tallahassee, FL 32305-7396
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      $570,000
      6,760 SF

      4688 Ruthenia Rd

      RESTAURANT
      4688 Ruthenia Rd, Tallahassee, FL 32305-5528
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      2,450 SF

      706 Flagg St

      RESTAURANT
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    Similar Nearby for Sale

    • Contact for pricing

      Corner Lot Retail Opportunity

      Prime corner lot suitable for restaurant or retail development.
      4595 Woodville Hwy, Tallahassee, FL 32305
      View Details
    • $225,000
      1.33 Acres

      Tallahassee Commercial Property For Sale

      Commercial building with frontage on Woodville Hwy, built in 1946.
      4151 Woodville Hwy, Tallahassee, FL 32305
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    • Contact for pricing

      Prime Commercial Land Opportunity

      Corner lot suitable for restaurant or retail with drive-through.
      6301 Capital Cir S, Tallahassee, FL 32305
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      4,806 SF

      Woodville Highway Auto Shop

      Fenced 1-acre property with 8-bay garage and office.
      3734 Woodville Hwy, Tallahassee, FL 32305
      View Details
    • Contact for pricing

      Highly Visible Retail Site

      Retail site with highway frontage and commercial zoning.
      5089 Capital Cir SW, Tallahassee, FL 32305
      View Details

    Similar Nearby for Lease

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      Prime Corner Commercial Land Available

      Commercial land available for rent at a high-traffic intersection.
      6301 Capital Cir S, Tallahassee, FL 32305
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    • Contact for pricing

      Commercial Land Retail Opportunity

      Commercial property for rent with drive-through potential.
      6301 Capital Cir SE, Tallahassee, FL 32305
      View Details
    • Contact for pricing
      1,260 SF

      Retail Space in Publix-Anchored Center

      Retail spaces available in Tallahassee, anchored by Publix.
      5032 Capital Cir SW, Tallahassee, FL 32305
      View Details
    • Contact for pricing

      Distribution Space For Lease

      Dock high distribution space available for lease.
      854 Capital Cir Southwest, Tallahassee, FL 32305
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    • Contact for pricing

      Outparcel in Publix-Anchored Center

      Outparcels available in Tallahassee near co-tenants and high traffic.
      5023 Us-319, Tallahassee, FL 32305
      View Details
    View Listing
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    Tallahassee, FL 32305
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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