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    Property profile & analytics

    1707 Monroe St Tallahassee, FL 32303-5534

    • Retail space
    • 2,914 SF
    • 0.05 lot acres
    OFF-MARKET
    Value Estimation
    $305,000
    Location Intelligence
    Property ID
    US18-3650048
    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

    • Carter Enterprize / Business Management Consultant
    • 1st Choice Nursing LLC / Home Health Care Service
    • Secure Data Recovery Services / Data Recovery Service
    • Real Cool Time Records / Record Store
    • 850 Cellular Solutions: Buy Sell Trade Repair Activate / Phone Repair Service / Used Computer Store

    Property Details for 1707 Monroe St

    Year built
    1955
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.05 lot acres
    Property size
    2,914 SF
    Property type
    Retail space
    APN
    21-25-20-002-000-0
    APU
    2125200020000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $280,000

    • CAP approach

      CAP return
      Estimation
      6%
      $345,000
      6.5%
      $320,000
      7%
      $345,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $295,000
      Geo Method
      $375,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $340,000
      Retail
      $370,000
      Mixed-Use
      $390,000
      Hospitality
      $395,000
      Educational
      $430,000
      Residential Income
      $405,000
      Energy
      $435,000
      Income-Based Land
      $415,000
      Food Service
      $405,000

    Location Insight

    • Map
    • Local Demand
    City
    Tallahassee
    County
    Leon
    State
    Florida
    Longitude
    -84.2818
    Latitude
    30.4629
    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
    $2,491
    $17,424
    $122,797
    $140,221
    -
    $17,424
    $122,797
    $140,221

    Comparable in this City

    • Value Estimation by Request
      50,783 SF

      1525 Tharpe St

      Individual retail properties • 50,783 SF
      1525 Tharpe St, Tallahassee, FL 32303
      View Details
    • Value Estimation by Request
      5,250 SF

      2657 Monroe St

      RETAIL STORES (PERSONAL SERVICES) • 5,250 SF
      2657 Monroe St, Tallahassee, FL 32303-4027
      View Details
    • Value Estimation
      $290,000
      3,913 SF

      3511 Monroe St

      RETAIL STORES (PERSONAL SERVICES) • 3,913 SF
      3511 Monroe St, Tallahassee, FL 32303-2746
      View Details
    • Value Estimation
      $455,000
      4,316 SF

      2135 Monroe St

      RETAIL STORES (PERSONAL SERVICES) • 4,316 SF
      2135 Monroe St, Tallahassee, FL 32303-4763
      View Details
    • Value Estimation by Request
      12,240 SF

      1110 Monroe St

      RETAIL STORES (PERSONAL SERVICES) • 12,240 SF
      1110 Monroe St, Tallahassee, FL 32303-6147
      View Details
    • Value Estimation by Request
      6,000 SF

      2339 Monroe St

      RETAIL STORES (PERSONAL SERVICES) • 6,000 SF
      2339 Monroe St, Tallahassee, FL 32303-4733
      View Details

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    Similar Nearby for Lease

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      Retail Space Available For Lease

      8,530 SF retail space with highway visibility.
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    • $395,000
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      Freestanding 1,270 SF building suitable for medical, office, retail.
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    • $18 SF/Yr
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      Retail Space on Thomasville Road

      Retail space with high visibility and multiple access points.
      1800-1898 Thomasville Rd, Tallahassee, FL 32303
      View Details
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    Tallahassee, FL 32303-5534
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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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