Technical
Financial
Distress signals
Property profile

6711 Thomasville Rd Tallahassee, FL 32312

FOR SALE
Commercial land
Property ID
US19-0315082
0.59 ac lot
Individually Owned 10-yr Hold ~ Est. High Equity
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6711 Thomasville Rd, Tallahassee, FL 32312 For Sale
$850,000
6711 Thomasville Rd, Tallahassee, FL 32312
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Property summary

AI-generated overview

This exceptional 0.59-acre commercial property is situated in Northeast Tallahassee at 6711 Thomasville Road, Unit 6711. Its prime location offers significant potential for a variety of commercial ventures. The expansive half-acre lot provides ample space for development, allowing for flexibility in design and construction. The property's address places it within a thriving area of Tallahassee, benefiting from high visibility and convenient access to major roadways and local amenities. This presents a unique opportunity for businesses seeking a prominent location with substantial development potential. The asking price is $850,000, reflecting the property's strategic location and considerable land area. Serious inquiries are encouraged to explore the possibilities this exceptional commercial property offers. Given the size and location, this is an ideal opportunity for developers or businesses seeking a high-impact presence in a rapidly growing area of Tallahassee. The property is classified as "Other" in property type, suggesting a wide range of potential uses subject to local zoning regulations. Further due diligence is recommended to confirm suitability for specific commercial applications.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.59 ac (25,700 SF)
APN 14-22-20-851-000-0
UPID US19-0315082

Cap rate & NOI

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

Location

6711 Thomasville Rd Tallahassee, FL 32312
Tallahassee metro Census 2421 TALLAHASSEE, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2016
1 recorded transaction
2016
$206,000

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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