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Property profile & analytics
OFF-MARKET Estimated value $615,000
Outlet malls

540 Brevard St Tallahassee, FL 32301-1062

7,762 SF 0.62 ac lot Built 2004
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US18-3021237
Property summary
AI-generated overview

This exceptional 7,762 square foot retail property, located at 540 West Brevard Street in Tallahassee, Florida, presents a compelling investment opportunity. Built in 2004, this single-story building sits on a single lot (APN: 21-25-28-000-007.0) in Leon County and is currently entirely vacant, offering immediate occupancy for a new tenant. The property's street retail classification ensures high visibility and accessibility for customers. Its strategic location within Tallahassee provides excellent exposure to significant foot traffic, making it an ideal space for a variety of retail businesses. The building's size offers ample space for a large-scale retail operation or the potential for subdivision into smaller units (subject to local regulations). This property is a rare find in a thriving retail market, offering a chance to establish a strong presence in a desirable location. The property's single-tenant status provides simplicity in management and leasing. This is a turnkey opportunity for investors seeking a high-impact retail investment in a dynamic Florida market. The property's address is 540 W Brevard St, Tallahassee, FL 32301.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 2004
Construction FRAME
Total area 7,762 SF
Lot 0.62 ac (27,007 SF)
APN 21-25-28-000-007-0
UPID US18-3021237
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
  • Family Dollar Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$615k
Owner & transaction history
Ballew Properties LLC · 1 yrs held
Ballew Properties LLC
since 2025
Last sale
$550,000
4 recorded transactions
2025
$550,000
2014
$665,000
2004
$175,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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