Property profile

2044 Monroe St Tallahassee, FL 32303

OFF-MARKET
Industrial properties
Property ID
US18-9937967
6,375 SF 0.91 ac lot Built 1970
Entity Owned Free & Clear
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Property profile

Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 1970
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,375 SF
Lot 0.91 ac (39,640 SF)
APN 21-24-20-604-000-0
UPID US18-9937967

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
  • Auto Parts Store

Location

2044 Monroe St Tallahassee, FL 32303-4728
Tallahassee metro Census 1500 TALLAHASSEE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$925k
Comparable Approach Comparable
$1.19M
Blend (final) Blend
$350k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Neighborhood: shopping center $1.6M +38.8%
Industrial (general) $1.5M +32.2%
Retail stores $1.4M +19.4%

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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