Financial
Distress signals
Property profile

3808 Monroe St Ste 1 Tallahassee, FL 32303

OFF-MARKET
Community centers
Property ID
US18-6053668
3,200 SF 1.1 ac lot Built 1997
Last sale Jun 2024 · $675,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a strip plaza located on N Monroe St. in Tallahassee, Florida. It contains two retail units totaling 3,200 square feet. The units have been operated under NNN lease structures and have established operating histories with one tenant operating a Papa John’s location and the other operating Just One More. Both tenant spaces have remaining lease terms and there are no stated renewal options in place, which allows for potential lease reconfiguration following lease expirations. The

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$253k
Assessed land$99k
Assessed improvement$154k
Effective rate1.93%

Value estimate

· Sep 2026
$675k
$608k – $743k
AI approach$675k
CAP approach$560k
Submarket $/SF estimate$435k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$248/SF
ZIP average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$101 – $451
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLEON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency24.4
Dental Office22.8
Restaurant20.7

Location

3808 Monroe St Ste, Unit 1 Tallahassee, FL 32303-2176
County assessor Recorded deeds · 1 transfer 4 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2580 Monroe, Tallahassee, FL 32303-4053 $550,000 Dec 2024 2,990 SF
1942 Monroe, Tallahassee, FL 32303-8410 $2,100,000 Jun 2022 2,956 SF
2112 Monroe, Tallahassee, FL 32303-4730 $650,000 Apr 2022 4,236 SF
2441 Monroe, Tallahassee, FL 32303-4103 $1,200,000 Feb 2022 2,467 SF
1225 Monroe, Tallahassee, FL 32303-6148 $1,630,000 Jun 2021 2,476 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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