818 Brevard St Tallahassee, FL 32304
- Turn key restaurants
- 2,128 SF
- 0.14 lot acres
Current Use by Public Records
- Sweety Eaties / Restaurant / Chicken Wings Restaurant
Property Details for 818 Brevard St
- Year built
- 1963
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.14 lot acres
- Property size
- 2,128 SF
- Property type
- Turn key restaurants
- APN
- 21-26-53-002-005-0
- APU
- 2126530020050
Description
This exceptional investment opportunity encompasses an entire city block near Florida State University on West Brevard Street in Tallahassee, Florida. The property consists of 1.71 acres and includes multiple buildings and vacant lots, all zoned CU-18. The assemblage offers significant potential for redevelopment or continued operation as a mixed-use property. Currently, the income-generating components include a food truck tenant generating $2,500 monthly rent, a tenant-occupied building at 808 W. Brevard St. (998 sq ft) with $1,000 monthly rent, and a duplex at 804 W. Brevard St. (912 sq ft) generating $1,400 monthly rent. Additionally, a commercial building at 820, 818, and 816 W. Brevard St. (totaling 2,128 sq ft) is currently owner-occupied, along with two other owner-occupied buildings on the property. A vacant duplex at 800 W. Brevard St. (2,188 sq ft) and a vacant lot at 706 Dean St. (0.07 acres) present further development opportunities. Buyer is responsible for verifying all square footage. This is a rare chance to acquire a substantial, income-producing property in a high-demand area. The property's strategic location near FSU ensures strong tenant demand and future appreciation potential. All parcels are zoned CU-18.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $300,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $249,000
Market price range: $216k - $824k
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Location Insight
- Map
- Local Demand
- City
- Tallahassee
- County
- Leon
- State
- Florida
- Longitude
- -84.2961
- Latitude
- 30.4493
- CBSA code
- 45220
- CBSA name
- TALLAHASSEE, FL METROPOLITAN STATISTICAL AREA