Property profile

1407 Mahan Dr Tallahassee, FL 32308

OFF-MARKET
Retail space
Property ID
US18-3016434
3,967 SF 0.34 ac lot Built 1989
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1989
Construction FRAME
Total area 3,967 SF
Lot 0.34 ac (14,636 SF)
APN 11-32-20-252-000-0
UPID US18-3016434

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
  • Photography Service Party Supply Store
  • (Bike/Boat/Book/etc) Store Printing Service
  • Advocacy Group Volunteer Organization

Location

1407 Mahan Dr Tallahassee, FL 32308-5109
Tallahassee metro Census 907 TALLAHASSEE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$570k
CAP Approach CAP
$595k
Comparable Approach Comparable
$700k
Blend (final) Blend
$450k

Owner & transaction history

since 2024
Last sale
$625,000
4 recorded transactions
2024
$625,000
2021
$550,000
2019
$455,000
2017
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $845,000 +0.1%

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
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