Tallahassee, Florida, offers a unique opportunity for investors to capitalize on the city's diverse economy and rich history. With 3 Specialty Properties for sale, Tallahassee presents an attractive option for those looking to invest in a city that is home to several major institutions, including Florida State University, Florida A&M University, and Tallahassee Community College. Specialty Properties in Tallahassee can represent a range of investments, from educational facilities to research institutions, and even government buildings. The city's infrastructure, including the Tallahassee Main Post Office, Centerville Station, and the National Oceanic and Atmospheric Administration's National Weather Service, makes it an ideal location for businesses and organizations that require easy access to transportation and communication networks. Additionally, Tallahassee's location, with its hilly terrain and proximity to Lake Jackson and Lake Lafayette, offers a unique blend of natural beauty and urban amenities. The city's strong educational institutions, including Florida State University and Florida A&M University, also make it an attractive location for businesses and organizations that require a highly educated workforce.
Tallahassee's Specialty Properties market is characterized by an average price per square foot of $192 USD, with an average size of 34,488 square feet. The largest Specialty Property available is 64,493 square feet, offering investors a range of options to suit their needs. With an average cap rate of 4.97%, Specialty Properties in Tallahassee offer a competitive return on investment. In addition to Specialty Properties, Tallahassee also offers a range of other property types, including Shopping Centers, Land, Office Properties, and Warehouses. The city's Shopping Centers, such as the Tallahassee Mall, offer a range of retail options, while its Land properties provide opportunities for development and growth. Office Properties, like the Tallahassee Downtown Market, offer a range of spaces for businesses, and Warehouses, such as the Florida Gulf & Atlantic Railroad's freight facilities, provide opportunities for logistics and distribution. Overall, Tallahassee's diverse range of property types and strong economy make it an attractive location for investors.
When considering the purchase of a specialty property in Tallahassee, financing options are crucial to explore. For instance, commercial real estate loans, such as those discussed in our article at CRE loans, can provide the necessary funding to secure a unique property, like one of the 3 available listings in Tallahassee, with an average price per square foot of $192 USD and an average size of 34,488 square feet.