Property profile

1223 Tharpe St Tallahassee, FL 32303

OFF-MARKET
Industrial properties
Property ID
US18-3596235
5,976 SF 0.76 ac lot Built 1972
Entity Owned 23-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 1972
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,976 SF
Lot 0.76 ac (33,018 SF)
APN 21-26-20-223-000-0
UPID US18-3596235

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • General Contractor

Location

1223 Tharpe St Tallahassee, FL 32303-4600
Tallahassee metro Census 1402 TALLAHASSEE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$870k
Comparable Approach Comparable
$798k
Blend (final) Blend
$265k

Owner & transaction history

since 2003
4 recorded transactions
2017
Price N/A
2010
Price N/A
2003
$150,000
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Neighborhood: shopping center $1.5M +38.8%
Industrial (general) $1.4M +32.2%
Retail stores $1.3M +19.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1223 Tharpe St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message