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603 W Gaines St, Tallahassee, FL 32304

Lat/Long: 30.435144, -84.290736     Elevation: 22.94 meters
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Site Name
603 W Gaines St, Tallahassee, Fl 32304
Current Infrastructure
Cell Towers
SiteBid ID #
503946
Published Date
May 10, 2024
Modified Date
May 10, 2024
Data Accuracy
0.000
Site Description

603 W Gaines St, Tallahassee, Fl 32304 is a Industrial property with a cell tower antenna structure. The site offers a 51401 sqft lot area and has a Leon County APN # of 21-36-90-072-923.5. See the wireless lease estimate for this site and search for cell towers nearby.

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Site Name
603 W Gaines St, Tallahassee, Fl 32304
Address
County of Record
Leon County
State / Province
Zip Code
Latitude:
Longitude:
Country
United States
Parcel # (APN)
21-36-90-072-923.5
Metro Area (MSA)
Tallahassee, Fl
FIPS Code
12,073
Census Tract
12,073,000,500
Zoning
UV

Census Data

The property located at 603 W Gaines St is situated in Leon County, Florida and has a block FIPS # of 120730005011007. Here is the most recent census data from the 2020 US Census report:
Block FIPS: 120730005011007
County FIPS: 12073
County Name: Leon County
State FIPS: 12
State Name: Florida
Block Population (2020): 818
AMT: AMT004
BEA: BEA035
BTA: BTA439
CMA: CMA168
EAG: EAG003
IVM: IVM168
MEA: MEA009
MTA: MTA037
PEA: PEA072
REA: REA002
RPC: RPC002
VPC: VPC004
Lot Area
51,401.00sq. ft.
# of Buildings
1
Building Area
35,144sq. ft.
Stories
1
Year Built
1,953
Year Renovated
1,953
Technology & Infrastructure

Utility Information

Utility Company: Tallahassee FL (City of)|Talquin Electric Coop Inc
Company ID: 18445|18449
Residential Rate: $0.124/kWh
Commercial Rate: $0.1012/kWh
Industrial Rate: $0.0876/kWh
Walk Score data not available.

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Utility Lease Market Valuation Analysis

Cash Flow Analysis
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Sale Value Range ($)
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Estimated Utility Lease Rates

Estimated Utility Lease Sale Valuation

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Infrastructure Investors are actively purchasing fee simple real estate, leases, and easements on properties with active utility leases from tier-1 tenants (AT&T, Verizon, T-Mobile, etc.). Depending on the terms of the lease, the lease buyout valuations can range drastically between 16x-20x the annual lease rate for lump-sum payments and 18x-25x for structured payments.

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The information provided is intended to be reliable but is not guaranteed.