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Financial
Distress signals
Property profile

1549 Colonial Dr Tallahassee, FL 32303

FOR SALE
Office buildings
Property ID
US18-3792046
1,375 SF 0.29 ac lot Built 1940
Last sale Oct 2025 · $265,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This renovated Midtown office suite, updated in 2025, features hardwood flooring, abundant natural light, and a wet bar. The interior layout includes one shared conference room, two executive offices, and three additional administrative offices, providing a combination of meeting and private workspace areas. The suite is located at the intersection of Thomasville Road and Colonial Drive in Midtown, approximately 1.5 miles from Downtown Tallahassee and the Florida State Capitol, near Florida…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$139k
Assessed land$60k
Assessed improvement$79k
Effective rate1.93%

Value estimate

· Oct 2026
$285k
$257k – $314k
AI approach$285k
NOI build-up
Gross scheduled income$29k
Vacancy & credit loss−$6k
Operating expenses−$6k
NOI · 625.63% cap applied$17k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$165/SF
ZIP average, outlier-cleaned · 93 recorded sales of this use type
Observed band · Q1–Q3$84 – $245
Qualifying comparables4

Cap rate analysis

How does the asset earn?
625.63%
$17k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLEON

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office11.9
Auto Parts Store11.2
Convenience Store11.1

Location

1549 Colonial Dr Tallahassee, FL 32303
County assessor Recorded deeds · 3 transfers 4 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1931 Dellwood, Tallahassee, FL 32303-4815 $340,000 Dec 2025 1,456 SF
1212 Stone, Tallahassee, FL 32303-3626 $239,900 Jun 2025 1,574 SF
242 Lafayette, Tallahassee, FL 32303-6216 $270,000 Jun 2025 1,458 SF
232 5th, Tallahassee, FL 32303-6206 $300,000 Mar 2025 1,380 SF
115 4th, Tallahassee, FL 32303-6152 $250,000 Dec 2024 1,256 SF
281 Pinewood, Tallahassee, FL 32303-8510 $345,000 Mar 2024 1,242 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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