Technical
Financial
Distress signals
Property profile

1433 Lafayette St Tallahassee, FL 32301

OFF-MARKET
Medical Office Space
Property ID
US18-3594818
5,398 SF 0.51 ac lot Built 1977
Entity Owned 19-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1977
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,398 SF
Lot 0.51 ac (22,216 SF)
APN 31-05-50- I-006-0
UPID US18-3594818

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
  • Physician
  • Physician
  • Physician
  • Physician
  • Eye Care Center Contact Lenses Supplier

Location

1433 Lafayette St Tallahassee, FL 32301-4747
Tallahassee metro Census 302 TALLAHASSEE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$985k
Comparable Approach Comparable
$982k
Blend (final) Blend
$705k

Owner & transaction history

since 2007
4 recorded transactions
2007
$1.1M
2005
Price N/A
1999
$495,500
1998
$550,000

Zoning & alternative use

Top alternative use upside
Retail stores $1.2M +27.2%
Office building $1.0M +11.2%
Commercial (general) $930,000 +2.9%

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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