Tallahassee, FL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Tallahassee, Florida Market population: 184K. Explore income-producing properties with verified cap rates and operating...

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Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127

$2,450,000

Miami Multifamily (Condo)

Discover a prime investment opportunity at 136 NW 26th St in Miami, Florida. This Class B multifamily condo property, bu...

Cap Rate %

NOI $0

Size 30,000 SF

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📊 Avg Property Tax Rate For Tallahassee FL Properties: 1.1900%

📊 Average Income For Tallahassee FL Commercial Property: $39,524

Investor Questions For Tallahassee FL

Common questions from investors exploring commercial real estate in Tallahassee FL.

What's the overall investment outlook for Tallahassee, FL, considering its demographics and economy? +

Tallahassee's median household income of $39,524, combined with a poverty rate of 26.9% and a high health insurance coverage of 90.0%, suggests a stable market with a mix of working-class and professional residents. The city's top industries, including Public Administration and Finance & Insurance, indicate a strong demand for housing, while the average commute time of 17.8 minutes and diverse commute methods show a well-connected city.

How does the city's ethnic diversity and industry landscape impact real estate investment? +

The diversity of Tallahassee, with top ethnicities including White, White Non-Hispanic, and Black, contributes to a vibrant cultural scene, which can attract businesses and residents. The presence of top industries like Finance & Insurance and Real Estate & Rental & Leasing also indicates a strong demand for commercial and residential properties, making it an attractive market for investors.

What are the key factors to consider when evaluating the quality of life for renters in Tallahassee? +

The average commute time of 17.8 minutes, relatively low compared to other cities, and the high health insurance coverage rate of 90.0% suggest a high quality of life for renters. Additionally, the median property value of $180,500 and median property taxes of $30,461 indicate a relatively affordable housing market, which can attract a wide range of renters.

How does the city's poverty rate and employment landscape impact tenant quality and rental yields? +

While the poverty rate of 26.9% may raise concerns about tenant quality, the employed population of 88,848 and the presence of stable industries like Public Administration suggest a relatively stable employment market. This, combined with the high health insurance coverage rate, indicates a working-class market with employment stability, which can lead to reliable rental income.

What role do the city's homeownership rate and housing market play in determining real estate investment potential? +

The homeownership rate of 40.0% in Tallahassee, although relatively low, presents opportunities for investors to capitalize on the rental market. The median property value of $180,500 and median property taxes of $30,461 also indicate a relatively affordable housing market, which can attract investors looking for rental properties with potential for long-term appreciation.

Tallahassee FL Real Estate & City Facts

Key facts and real estate information about Tallahassee FL.

What are some of the best neighborhoods to live in Tallahassee? +

Some of the best neighborhoods to live in Tallahassee include Betton Hills, Southwood, and Crawfordville. These neighborhoods offer a range of amenities, including beautiful parks, top-rated schools, and a variety of housing options. However, it's worth noting that each neighborhood has its own unique character and pros and cons, so it's a good idea to do your research and visit each area before making a decision.

What are some fun things to do in Tallahassee? +

There are plenty of fun things to do in Tallahassee, including visiting the Tallahassee Automobile Museum, exploring the Tallahassee Museum, and taking a guided tour of the city's historic sites. You can also check out the local shops and attractions, such as the Goodwood Museum and Gardens, or take a day trip to nearby Wakulla Springs or St. Marks. If you're looking for something more adventurous, you could try hiking at one of the many nearby parks or nature reserves.

What is the food scene like in Tallahassee? +

The food scene in Tallahassee is diverse and vibrant, with a range of options to suit every taste and budget. You can find everything from fine dining restaurants like Backwoods Crossing and Harry's Seafood Bar and Grille, to casual eateries and food trucks serving up delicious street food. There are also plenty of great food trucks and cafes, such as Cafe de MartÃn, that offer a unique and tasty dining experience. Whether you're in the mood for seafood, barbecue, or something else, you're sure to find it in Tallahassee.

What are the pros and cons of living in Tallahassee? +

The pros of living in Tallahassee include its beautiful natural surroundings, rich history and culture, and vibrant food and arts scene. The city also has a strong sense of community, with many residents who are passionate about making Tallahassee a great place to live. However, some of the cons of living in Tallahassee include the hot and humid climate, traffic and congestion, and limited job opportunities in certain industries. Additionally, some areas of the city can be quite crowded and noisy, especially near the university. Overall, whether or not Tallahassee is a good fit for you will depend on your individual preferences and priorities.

Is Tallahassee a good place to live? +

Whether or not Tallahassee is a good place to live depends on your individual preferences and priorities. If you value a strong sense of community, a vibrant arts and culture scene, and plenty of opportunities to get outdoors and enjoy nature, then Tallahassee may be a great fit for you. However, if you're looking for a more fast-paced and urban lifestyle, or if you're sensitive to heat and humidity, you may want to consider other options. Ultimately, the decision of whether or not to live in Tallahassee is a personal one that will depend on your unique needs and circumstances.

Tallahassee, FL Commercial Investment Properties for Sale

Don’t just search properties. See why investors choose REI Capital.

Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127

📊 Avg Property Tax Rate For Tallahassee FL Properties: 1.1900%

📊 Average Income For Tallahassee FL Commercial Property: $39,524

Investor Questions For Tallahassee FL

Tallahassee FL Real Estate & City Facts

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