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    2011 Adams St Tallahassee, FL 32301

    • Office buildings
    • 7,168 SF
    • 0.82 lot acres
    For Sale
    View listing
    $800,000
    Value Estimation
    Location Intelligence
    Property ID
    US18-2732640
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 2011 Adams St

    Year built
    1939
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.82 lot acres
    Property size
    7,168 SF
    Property type
    Office buildings
    APN
    41-01-50- N-001-0
    APU
    410150N0010

    Description

    This exceptional 0.82-acre property at 2011 S Adams Street in Tallahassee, Florida, presents a compelling mixed-use redevelopment opportunity within the vibrant SOMO District. Currently featuring a partially renovated existing building, this site offers significant potential for a variety of future uses, thanks to its CU-45 zoning designation. The property boasts excellent street frontage along South Adams Street, providing high visibility and accessibility. Convenient ingress and egress points are available from both Kestner Street to the south and Perkins Street to the north, ensuring ease of access for both customers and employees. The asking price is $800,000. This is an ideal investment for developers seeking a strategic location in a rapidly growing area with a flexible zoning classification that allows for creative and diverse project plans. The existing structure provides a solid foundation for a renovation or adaptive reuse project, minimizing initial development costs and accelerating the timeline to occupancy. The property's prominent location and versatile zoning make it a highly attractive proposition for a range of commercial ventures. Serious inquiries are encouraged to explore the full potential of this unique redevelopment opportunity. The property is located in Tallahassee, Florida.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $325,000

    • CAP approach

      CAP return
      Estimation
      6%
      $350,000
      6.5%
      $365,000
      7%
      $330,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $305,000
      Geo Method
      $290,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $375,000
      Retail
      $290,000
      Mixed-Use
      $335,000
      Hospitality
      $315,000
      Educational
      $320,000
      Residential Income
      $380,000
      Energy
      $305,000
      Income-Based Land
      $335,000
      Food Service
      $370,000

    Location Insight

    • Map
    • Local Demand
    City
    Tallahassee
    County
    Leon
    State
    Florida
    Longitude
    -84.2816
    Latitude
    30.4219
    CBSA code
    45220
    CBSA name
    TALLAHASSEE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,308
    $101,995
    $275,700
    $377,695
    -
    $101,995
    $275,700
    $377,695

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    2011 Adams St
    Tallahassee, FL 32301
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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