Technical
Financial
Distress signals
Property profile

531 Silver Slipper Ln Tallahassee, FL 32303

OFF-MARKET
Parking lots & garages
Property ID
US18-5985631
14,746 SF 1.79 ac lot Built 1984
Entity Owned 4-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 1.79-acre commercial land parcel presents a rare investment opportunity in Tallahassee's thriving business district. Located at 531 Silver Slipper Lane, this property boasts convenient access from both John Knox Road and North Monroe Street, offering excellent visibility and signage opportunities on both thoroughfares. The property is zoned CP (Commercial Parkway), making it ideally suited for a variety of commercial developments, including hotels or self-storage facilities. The seller is highly motivated and offers flexibility, including the possibility of a long-term land lease arrangement. Furthermore, the seller is willing to collaborate with the buyer to navigate the permitting process, streamlining the development timeline. This prime location, combined with the seller's cooperative approach and the versatile CP zoning, makes this an unparalleled chance to acquire a highly desirable commercial property in a rapidly growing area of Tallahassee, Florida. The property's address is 531 Silver Slipper Ln, Tallahassee, FL 32303, and sits within Leon County. This is a truly exceptional opportunity for investors seeking a strategic foothold in a dynamic market.

Property profile

Verified
Property type Parking lots & garages
Use group PARKING LOT
Year built 1984
Total area 14,746 SF
Lot 1.79 ac (77,972 SF)
APN 21-24-70-000-002-0
UPID US18-5985631

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

531 Silver Slipper Ln Tallahassee, FL 32303-4868
Tallahassee metro Census 1601 TALLAHASSEE, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.49M
Blend (final) Blend
$330k

Owner & transaction history

since 2022
2 recorded transactions
2022
Price N/A
2011
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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