Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2013 Miccosukee Rd Tallahassee, FL 32308-5307
    Back to Search
    Property profile & analytics

    2013 Miccosukee Rd, Tallahassee, FL 32308-5307

    View on Map
    • Medical Office Space
    • 3,496 SF
    • 0.97 lot acres
    Off-Market
    Last Sale Sep 1, 2022
    $520,000
    Property ID
    US18-4690318
    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.
    Value Estimations
    $535,000
    Show details
    Cap Rate Potential
    8%
    Medical Office Space
    Location Intelligence

    Current Use by Public Records

    • ABA Therapy Tracker / (Bike/Boat/Book/etc) Store / Corporate Office
    • CareFirst Imaging / Medical Clinic
    • Jasmine Williams / Physician / Medical Clinic
    • Anna Chamness / Physician / Medical Clinic
    • Ginger Collins / Physician / Medical Clinic

    Property Details for 2013 Miccosukee Rd

    Year built
    1989
    Construction
    WOOD
    Lot size
    0.97 lot acres
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    11-29-20-013-000-0
    APU
    1129200130000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 1, 2022 $520,000 Ris Tallahassee LLC Chryssy INC Special Warranty Deed $1M · South State Bank NA
    Aug 21, 2015 — Chrystin INC Florida Autism Center INC Warranty Deed —
    Oct 23, 2012 $405,000 Florida Autism Center INC Thomas Perkins Warranty Deed $210k · Suntrust Bank
    — — Thomas J Perkins — Deed Of Trust · related $100k · Dixie Russell
    — — Florida Autism Center INC — Deed Of Trust · related $210k · Florida First Capital Finance
    — — Thomas J Perkins — Deed Of Trust · related $135k · Suntrust Bank Tallahasee NA

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $520,000
      ML approach
      $550,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $690,000
      6.5%
      $640,000
      7%
      $590,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $559,000
      Market price range: $433k - $753k

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $585,000
      Current use
      COMMERCIAL (GENERAL)
      $745,000
      Change: +27% Conversion: Easy
      RETAIL STORES
      $745,000
      Change: +27% Conversion: Difficult
      OFFICE BUILDING
      $575,000
      Change: -2% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Tallahassee
    County
    Leon
    State
    Florida
    Longitude
    -84.247
    Latitude
    30.46
    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
    $8,406
    $142,162
    $292,289
    $434,451
    -
    $142,162
    $292,289
    $434,451

    Comparable in this City

    • Value Estimation
      $2,895,000
      16,899 SF

      1608 Surgeons Dr

      MEDICAL BUILDING
      1608 Surgeons Dr, Tallahassee, FL 32308-4683
      View Details
    • Value Estimation
      $8,670,000
      49,862 SF

      1775 1st Healing Pl

      MEDICAL BUILDING
      1775 1st Healing Pl, Tallahassee, FL 32308-4600
      View Details
    • Value Estimation
      $1,495,000
      13,488 SF

      1661 Phillips Rd

      MEDICAL BUILDING
      1661 Phillips Rd, Tallahassee, FL 32308-5303
      View Details
    • Value Estimation
      $1,015,000
      7,586 SF

      2020 Fleischmann Rd

      MEDICAL BUILDING
      2020 Fleischmann Rd, Tallahassee, FL 32308-4599
      View Details
    • Value Estimation
      $700,000
      4,500 SF

      1771 Capital NE Cir

      MEDICAL BUILDING
      1771 Capital NE Cir, Tallahassee, FL 32308-5517
      View Details
    • Value Estimation by Request
      2,303 SF

      1840 Capital Medical Ct

      MEDICAL BUILDING
      1840 Capital Medical Ct, Tallahassee, FL 32308-4468
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Former Surgery Center For Sale

      Medical facility suitable for re-purposing on 3-acre site.
      1661 Phillips Rd, Tallahassee, FL 32308
      View Details
    • New
      $375,000
      0.01 Acres

      Updated Office Condo with Five Suites

      Completely updated office condo offering five independent suites with in-suite water access and shared entry waiting area.
      1725 NE Capital Cir, Tallahassee, FL 32308
      View Details
    • Contact for pricing

      Professional Office Park Suite

      Office suite in Centre Pointe PUD, near hospitals.
      1983 Centre Pointe Blvd, Tallahassee, FL 32308
      View Details
    • Contact for pricing

      Professionally Maintained Tallahassee Office Property

      Prime medical/business corridor location with shared amenities and parking.
      2567 Capital Medical Blvd, Tallahassee, FL 32308
      View Details
    • Contact for pricing

      Professional Office Suite with Exam Rooms

      Well-appointed office layout includes a reception area, exam rooms, private offices, and flexible space for professional use.
      1910 Buford Blvd, Tallahassee, FL 32308
      View Details

    Similar Nearby for Lease

    • $2,200 /Mo
      4,792 SF

      Office/Medical Space For Lease

      Office/medical space available for lease in Tallahassee, Florida.
      1706 Riggins Rd, Tallahassee, FL 32308
      View Details
    • New
      $192,000
      40,511 SF

      Versatile Commercial Space on Centerville

      Move-in ready 11,395 sq ft space suitable for various uses.
      2365 Centerville Rd, Tallahassee, FL 32308
      View Details
    • Contact for pricing

      Medical Office Space For Lease

      New medical office space ready for tenant build out.
      2459 Mahan Dr, Tallahassee, FL 32308
      View Details
    • Contact for pricing
      1,500 SF

      Medical Condo For Lease

      Medical condo available for lease near HCA Florida Capital Hospital.
      1835 Buford Ct, Tallahassee, FL 32308
      View Details
    • $650 /Mo

      Single Room Office Suites Available

      Office suites with sinks, shared amenities, near TMH.
      1623 Physicians Dr, Tallahassee, FL 32308
      View Details
    • Contact for pricing

      Former Surgery Center For Lease

      Former surgery center suitable for medical facility or repurposing.
      1661 Phillips Rd, Tallahassee, FL 32308
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2013 Miccosukee Rd
    Tallahassee, FL 32308-5307
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2013 Miccosukee Rd, Tallahassee, FL, 32308
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!