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    Property profile & analytics

    1885 Professional Park Cir Tallahassee, FL 32308-4572

    • Office Properties & Spaces
    • 2,805 SF
    • 0.07 lot acres
    OFF-MARKET
    Value Estimation
    $325,000
    Last Sale
    Feb 11, 2025
    $320,000
    Location Intelligence
    Property ID
    US18-4532878
    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

    • Tallahassee Primary Care Associates / Nursing Home

    Property Details for 1885 Professional Park Cir

    Year built
    1983
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.07 lot acres
    Property size
    2,805 SF
    Property type
    Office Properties & Spaces
    APN
    11-21-40- B-003-0
    APU
    112140B0030

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $315,000

    • CAP approach

      CAP return
      Estimation
      6%
      $350,000
      6.5%
      $355,000
      7%
      $370,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $390,000
      Geo Method
      $340,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $385,000
      Retail
      $355,000
      Mixed-Use
      $365,000
      Hospitality
      $365,000
      Educational
      $345,000
      Residential Income
      $360,000
      Energy
      $360,000
      Income-Based Land
      $445,000
      Food Service
      $430,000

    Location Insight

    • Map
    • Local Demand
    City
    Tallahassee
    County
    Leon
    State
    Florida
    Longitude
    -84.2298
    Latitude
    30.4781
    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
    $4,755
    $70,125
    $175,636
    $245,761
    -
    $70,125
    $175,636
    $245,761

    Comparable in this City

    • Value Estimation by Request
      2,529 SF

      1618 Mahan Center Blvd

      Office Properties & Spaces • 2,529 SF
      1618 Mahan Center Blvd, Tallahassee, FL 32308
      View Details
    • Value Estimation
      $245,000
      1,566 SF

      2418 Ml Crk Ln, Unit 3

      CONDOMINIUM OFFICES • 1,566 SF
      2418 Ml Crk Ln, Tallahassee, FL 32308-4368
      View Details
    • Value Estimation
      $215,000
      1,150 SF

      1546 Metropolitan Blvd Ste, Unit 4

      CONDOMINIUM OFFICES • 1,150 SF
      1546 Metropolitan Blvd Ste, Tallahassee, FL 32308-2704
      View Details
    • Value Estimation
      $230,000
      3,120 SF

      1634 Metropolitan Blvd Ste, Unit 1

      CONDOMINIUM OFFICES • 3,120 SF
      1634 Metropolitan Blvd Ste, Tallahassee, FL 32308-7728
      View Details
    • Value Estimation
      $385,000
      7,650 SF

      1889 Professional Park Cir Ste, Unit 10

      CONDOMINIUM OFFICES • 7,650 SF
      1889 Professional Park Cir Ste, Tallahassee, FL 32308-4511
      View Details
    • Value Estimation by Request
      1,200 SF

      501 Tennessee St

      Office Properties & Spaces • 1,200 SF
      501 Tennessee St, Tallahassee, FL 32308
      View Details

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      View Details
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    Tallahassee, FL 32308-4572
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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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