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Property profile & analytics
OFF-MARKET
Investment properties
1495 Market St Tallahassee, FL 32312-1726
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US18-1003038
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1985
Construction
WOOD
Total area
2,453 SF
Lot
0.26 ac (11,326 SF)
APN
11-08-08-000-002-0
UPID
US18-1003038
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Bedfellows Furniture & Home Goods Home Decor Store
-
Cut of the Day (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Bedfellows LLC · 13 yrs held
Bedfellows LLC
since 2012
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Tallahassee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tallahassee submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$6,977
Tax year 2023
Assessed value
$360,591
Assessed 2023
Previous assessed
$350,779
+2.8% YoY
Effective rate
1.93%
On assessed value
Assessed improvement
$360,591
Improvement market value
$360,591
Total market value
$360,591
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1985
Construction
WOOD
Heating
YES
Cooling
YES
Buildings
1
Stories
1
Total area
2,453 SF
Lot
0.26 ac (11,326 SF)
APN
11-08-08-000-002-0
UPID
US18-1003038
Jurisdiction
LEON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1985
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Lot
0.26 ac
Current owner
From public records · entity-resolved
Bedfellows LLC
Entity
Mailing address
1495 MARKET ST, TALLAHASSEE, FL 32312-1726
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2016
—
Bedfellows LLC
—
Deed
related
$357,237 · Envision Cu
Oct 5, 2012
$400,000
Bedfellows LLC
Tcpco LLC
Warranty Deed
$316,000 · Envision Cu
Sep 18, 2007
—
Johnny B Craig
Crossroads Ptshp
Quit Claim Deed
related
—
Sep 18, 2007
$415,200
Tcpco LLC
Johnny Blue Craig
Warranty Deed
$325,000 · Branch Banking And Trust Co
Oct 22, 2002
$655,600
Johnny B Craig
Crossroads Partnership Ltd
Grant Deed
$133,000 · Wachovia Bank NA
—
—
Bedfellows LLC
—
Deed Of Trust
related
$60,000 · Envision Cu
—
—
Bedfellows LLC
—
Loan Modification
related
$357,237 · Envision Cu
—
—
Crossroads Partnership Ltd
—
Deed Of Trust
related
$249,925 · Capital City Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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