Property profile

2199 Monroe St Tallahassee, FL 32303

OFF-MARKET
Industrial properties
Property ID
US18-9975908
2,810 SF 0.3 ac lot Built 1989
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Tallahassee office building, located at 2199 N Monroe St, presents a fantastic opportunity for businesses seeking a prominent location. The property boasts a total of 2,810 square feet across a two-story building on a 10,370 square foot lot. Built in 1989 and recently renovated in mid-2024, this single-tenant space offers 1,405 square feet of adaptable office area. The open floor plan allows for flexible customization to suit individual business needs, while a private entry ensures privacy and avoids the distractions of shared workspaces. Benefit from high visibility to approximately 40,000 daily drivers on N Monroe St, with prime signage opportunities for enhanced brand exposure. The property is zoned CP and features a Leon County APN of 2124206210000. This is an ideal location for businesses seeking a high-profile presence in Tallahassee, Florida, with easy access and excellent visibility. The property's single-tenant occupancy provides a unique opportunity for a business to establish a strong and independent presence. Don't miss this chance to secure a well-located, recently renovated office space in a thriving area of Tallahassee.

Property profile

Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 1989
Construction FRAME
Total area 2,810 SF
Lot 0.3 ac (13,068 SF)
APN 21-24-20-621-000-0
UPID US18-9975908

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
  • Radio Station Telecommunications Service
  • Car Dealership

Location

2199 Monroe St Tallahassee, FL 32303-4763
Tallahassee metro Census 1601 TALLAHASSEE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$200k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$200k

Owner & transaction history

since 2024
Last sale
$197,900
4 recorded transactions
2024
$197,900
2024
$411,500
2009
$196,000
2000
$461,285

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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