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    Property profile & analytics
    OFF-MARKET
    Retail space

    952 Tharpe St, Tallahassee, FL 32303-5357

    675 SF 0.02 ac lot Built 2022
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US19-0116791
    Property summary
    AI-generated overview

    This exceptional 800-square-foot retail property, located at 952 W Tharpe St in Tallahassee, Florida, 32303, presents a unique investment opportunity. Built in 2022, this Class A building features a highly desirable dual drive-thru configuration, perfect for quick-service restaurants or similar businesses. The single-tenant building is situated on a prominent corner lot at the intersection of Old Bainbridge Road and W Tharpe Street, benefiting from significant daily traffic volume. Its strategic location within a larger plaza, adjacent to a newly developed four-tenant strip center and a Family Dollar, ensures high visibility and accessibility. The property's proximity to multiple schools and Florida State University guarantees a consistent flow of potential customers, making it an ideal location for businesses targeting families and students. The one-story building offers 800 square feet of space, providing ample room for operations. This is a newly constructed, free-standing building representing a rare opportunity in a high-traffic area with strong demographics.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 2022
    Construction WOOD
    Total area 675 SF
    Lot 0.02 ac (871 SF)
    APN 21-23-24-000-200-0
    UPID US19-0116791
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Gt Management Of North Florida LLC · 4 yrs held
    Gt Management Of North Florida LLC
    since 2021
    Last sale
    $500,000
    1 recorded transaction
    2021
    $500,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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