Property profile

532 Aaron Smith Rd Tallahassee, FL 32304

OFF-MARKET
Parking lots & garages
Property ID
US18-3191370
1,510 SF 10.77 ac lot Built 1957
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 6,664-square-foot industrial property, located at 532 Aaron Smith Rd, Tallahassee, FL 32304, presents a compelling investment opportunity. Situated in Leon County within the Lakeside Travel Park, this single-tenant warehouse boasts convenient access to Highway 90 West and Aaron Smith Road. Built in 1975, the one-story building features a spacious showroom area complete with a retail counter, office space, and a private restroom. The warehouse itself offers six grade-level roll-up doors, providing ample access for loading and unloading. A valuable loft storage area adds extra capacity. The property also benefits from convenient parking on both sides of the building. The property is classified as Industrial, with subtypes including Warehouse, Distribution, and Flex space, making it suitable for a variety of uses. With immediate availability, this property is ready for its next occupant. The building's single-tenant occupancy simplifies management and provides a stable income stream. This versatile space combines showroom, office, and warehouse functionality in a highly accessible location.

Property profile

Verified
Property type Parking lots & garages
Use group PARKING LOT
Year built 1957
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,510 SF
Lot 10.77 ac (469,228 SF)
APN 21-30-20-213-000-0
UPID US18-3191370

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Car Wash

Location

532 Aaron Smith Rd Tallahassee, FL 32304
Tallahassee metro Census 2304 TALLAHASSEE, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.50M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.22M
Blend (final) Blend
$1.50M

Owner & transaction history

since 2024
Last sale
$1.5M
3 recorded transactions
2024
$1.5M
2018
$700,000
1997
$533,400

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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