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Eppes Redevelopment - Tallahassee, FL 860 Eppes Dr 22,425 SF 100% Leased Retail Building Tallahassee, FL 32304 For Sale



Investment Highlights
- Current leases are in place through March 31, 2028.
- Previously permitted for 49 units / 196 bedrooms, 7,000 SF of retail space, and 7,000 SF of office space — the permit has since expired.
- 4 existing buildings.
- Bulk sale opportunity for a multi-family redevelopment project located 1 block away from Florida State University’s Doak Campbell Stadium.
- Corner lot located on the corner of Eppes Dr and Jackson Bluff Rd, 5.5 miles from Tallahassee International Airport, and on a local bus route.
- Warehouse building includes 4 loading bays.
Executive Summary
Sands Investment Group is pleased to exclusively offer for sale the 22,425 SF Eppes Redevelopment property located at 860 Eppes Drive in Tallahassee, FL. This offering presents a bulk-sale redevelopment opportunity ideally positioned just one block from Doak Campbell Stadium at Florida State University, providing exceptional proximity to campus activity and stadium-driven traffic. The site benefits from strong visibility and accessibility in a high-demand university submarket, making it well-positioned for future redevelopment and value creation, providing a unique investment opportunity.
In Cooperation With SIG RE Services, LLC - Lic. #CQ1055229 BoR: Andrew Ackerman - Lic. FL #BK3369953
In Cooperation With SIG RE Services, LLC - Lic. #CQ1055229 BoR: Andrew Ackerman - Lic. FL #BK3369953
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
22,425 SF
Building Class
C
Year Built
1965
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.76
Lot Size
0.68 AC
Zoning
UT - University Transition
Parking
16 Spaces (0.71 Spaces per 1,000 SF Leased)
Frontage
212’ on Eppes Dr
Amenities
- Bus Line
- Corner Lot
- Signage
- Storage Space
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Eppes Redevelopment
- Retailer
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Eppes Redevelopment | Retailer | - | - | - |
Moderately walkable
60/100
Moderately drivable
70/100
Some public transit
50/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 41-02-59-00F-021.0 | Improvements Assessment | $606,682 CAD |
| Land Assessment | $121,717 CAD | Total Assessment | $728,398 CAD |
Property Taxes
Parcel Number
41-02-59-00F-021.0
Land Assessment
$121,717 CAD
Improvements Assessment
$606,682 CAD
Total Assessment
$728,398 CAD
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Eppes Redevelopment - Tallahassee, FL | 860 Eppes Dr
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