Property profile

1851 M L King Jr Blvd Tallahassee, FL 32303

OFF-MARKET
Turn key restaurants
Property ID
US18-3557481
2,407 SF 1.76 ac lot Built 1974
Entity Owned 19-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1974
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,407 SF
Lot 1.76 ac (76,666 SF)
APN 21-24-20-605-000-0
UPID US18-3557481

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1851 M L King Jr Blvd Tallahassee, FL 32303-4701
Tallahassee metro Census 1500 TALLAHASSEE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$315k

Owner & transaction history

since 2007
3 recorded transactions
2007
Price N/A
2007
$49.9M
2007
Price N/A

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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