Financial
Distress signals
Property profile

1875 N Monroe St Tallahassee, FL 32303

FOR SALE
Community centers
Property ID
US18-5327385
5,346 SF 0.51 ac lot Built 2018
Last sale Sep 2012 · $350,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$24k
Tax billed · 2023
Assessed value$1.22M
Assessed land$178k
Assessed improvement$1.04M
Effective rate1.93%

Value estimate

· Sep 2026
$1.14M
$1.02M – $1.25M
CAP approach$940k
Submarket $/SF estimate$1.12M
NOI build-up
Gross scheduled income$83k
Vacancy & credit loss−$6k
Operating expenses−$23k
NOI · 1.49% cap applied$53k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$248/SF
ZIP average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$101 – $451
Qualifying comparables3

Cap rate analysis

How does the asset earn?
1.49%
$53k 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: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service13.8
Auto Parts Store12.8
Building Supply11.7

Location

1875 N Monroe St Tallahassee, FL 32303
County assessor Recorded deeds · 7 transfers 3 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
1845 Thomasville, Tallahassee, FL 32303-5762 $1,100,000 Jan 2024 5,916 SF
950 Tharpe St, Tallahassee, FL 32303-5387 $1,200,000 Aug 2022 5,040 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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