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    Property profile & analytics

    1600 Tharpe St Tallahassee, FL 32303-4546

    • Community centers
    • 1,800 SF
    • 0.21 lot acres
    OFF-MARKET
    Value Estimation
    $830,000
    Last Sale
    Sep 14, 2023
    $956,000
    Location Intelligence
    Property ID
    US18-5470439
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Community centers

    Property Details for 1600 Tharpe St

    Year built
    1962
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.21 lot acres
    Property size
    1,800 SF
    Property type
    Community centers
    APN
    21-22-30- I-010-1
    APU
    212230I0101

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $745,000

    • CAP approach

      CAP return
      Estimation
      6%
      $990,000
      6.5%
      $920,000
      7%
      $980,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,005,000
      Geo Method
      $865,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $840,000
      Retail
      $785,000
      Mixed-Use
      $930,000
      Hospitality
      $955,000
      Educational
      $750,000
      Residential Income
      $740,000
      Energy
      $765,000
      Income-Based Land
      $985,000
      Food Service
      $755,000

    Location Insight

    • Map
    • Local Demand
    City
    Tallahassee
    County
    Leon
    State
    Florida
    Longitude
    -84.3131
    Latitude
    30.4639
    CBSA code
    45220
    CBSA name
    TALLAHASSEE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,540
    $43,453
    $150,004
    $193,457
    -
    $43,453
    $150,004
    $193,457

    Comparable in this City

    • Value Estimation by Request
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      1494 Capital NW Cir

      MINI-MALL • 3,066 SF
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    • Value Estimation by Request
      976 SF

      1560 Capital Cir Nw Ste, Unit 17

      MINI-MALL • 976 SF
      1560 Capital Cir Nw Ste, Tallahassee, FL 32303-3181
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    • Value Estimation by Request
      976 SF

      1560 Capital Cir Nw Ste, Unit 11

      MINI-MALL • 976 SF
      1560 Capital Cir Nw Ste, Tallahassee, FL 32303-3181
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    • Value Estimation by Request
      12,100 SF

      2418 Monroe St Ste, Unit 110

      MINI-MALL • 12,100 SF
      2418 Monroe St Ste, Tallahassee, FL 32303-4119
      View Details
    • Value Estimation by Request
      17,028 SF

      1307 Monroe St, Unit 1

      MINI-MALL • 17,028 SF
      1307 Monroe St, Tallahassee, FL 32303-5786
      View Details

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      Retail property with high visibility, foot traffic, and strong income.
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      2,700 SF

      Thomasville Road Outparcel Opportunity

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    Similar Nearby for Lease

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      Retail Space in Tallahassee Center

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      Tallahassee Retail Center Investment Opportunity

      Prime Retail Space, 9 Units Available
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    • Contact for pricing
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      Retail Space in Tallahassee Center

      Retail space available in a Publix-anchored, redeveloped Tallahassee center.
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      4,635 SF

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      Retail space with high visibility and multiple access points.
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    • $20 SF/Yr
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      Tharpe Street Retail Opportunity

      Prime Tallahassee Retail Space Available
      950 Tharpe St, Tallahassee, FL 32303
      View Details
    • $15 SF/Yr
      3,720 SF

      Tallahassee Retail Space - 3720 SF

      Prime Tallahassee retail space, 1.14 acres.
      1450 Capital Cir, Tallahassee, FL 32303
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    Property Visit Statistics

    • Visits by month
      8.7k
    • Visitors by month
      7.8k
    • Avg Time on site
      6 min
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    Tallahassee, FL 32303-4546
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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