Technical
Financial
Distress signals
Property profile

2016 Pt Blvd 1 Tallahassee, FL 32308

OFF-MARKET
Community centers
Property ID
US18-0911618
5,656 SF 0.51 ac lot Built 2000
Individually Owned 16-yr Hold Free & Clear
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Property summary

AI-generated overview

The property is located on North Point Boulevard off the Capital Circle NE commercial corridor, providing access to Interstate 10 and downtown. It is a multi-unit commercial building totaling approximately 5,656 square feet, configured as four units of approximately 1,414 square feet each. The floor plans are flexible and can support uses such as office or retail, with spaces that may be arranged for open collaborative areas or partitioned into private rooms/offices. The building is zoned CU-45, which permits multiple commercial uses. Example use types referenced include professional office users (such as consulting, accounting, law, and financial planning) as well as boutique service and retail tenants (such as salons). The site covers approximately 0.51 acres and is positioned among nearby retail and service businesses and restaurants.

Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 2000
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,656 SF
Lot 0.51 ac (22,216 SF)
APN 11-16-16-000-005-0
UPID US18-0911618

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Occupational Safety And Health
  • Furniture & Home Goods

Location

2016 Pt Blvd, Unit 1 Tallahassee, FL 32308-4119
Tallahassee metro Census 1702 TALLAHASSEE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$794k
Blend (final) Blend
$295k

Owner & transaction history

since 2009
3 recorded transactions
2009
Price N/A
2009
$430,000
1969
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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