Financial
Distress signals
Property profile

1881 N M L King Jr Blvd Tallahassee, FL 32303

FOR LEASE
Specialty properties
Property ID
US18-5370760
4,909 SF 0.55 ac lot Built 1975
Last sale Jun 2003 · $314,300
Entity Owned Owner of record is a legal entity (LLC / corporation). 23-yr Hold Held for 23 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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?
$8k
Tax billed · 2023
Assessed value$400k
Assessed land$54k
Assessed improvement$346k
Effective rate1.93%

Value estimate

· Sep 2026
$235k
$212k – $259k
AI approach$235k
NOI build-up
Gross scheduled income$19k
Vacancy & credit loss−$1k
Operating expenses−$5k
NOI · 308.38% cap applied$12k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
308.38%
$12k 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: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply26.6
Dental Office21.1
Auto Parts Store21.0

Location

1881 N M L King Jr Blvd Tallahassee, FL 32303
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file 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

3 recorded sales · 13 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
250 Pinewood, Tallahassee, FL 32303-4838 $305,000 Oct 2020 4,209 SF
2528 Tharpe, Tallahassee, FL 32303-3308 $1,167,900 Jul 2019 3,968 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
Try Rey
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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