New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,310,000
Strip malls
2236 Capital NE Cir Tallahassee, FL 32308-8305
Individually Owned
13-yr Hold
~
Est. High Equity
Property ID
US18-2256691
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2007
Construction
WOOD
Total area
14,904 SF
Lot
1.43 ac (62,291 SF)
APN
11-16-24-000-004-0
UPID
US18-2256691
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
United Methodist Church Church
-
Bright Future Behavioral Health Inc. Crisis Center Medical Clinic
-
Philip R. Spitzer, CLU, ChFC Financial Advisor
-
SYNERGY HomeCare Senior Citizen Center Home Health Care Service
-
WTSM Radio Station Telecommunications Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.70M
Blend (final)
Blend
$1.31M
Owner & transaction history
Remington Green Of Tallahassee Ll · 13 yrs held
Remington Green Of Tallahassee Ll
since 2012
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Tallahassee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tallahassee submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.31M
Range $1.18M – $1.44M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$88 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$19,809
Tax year 2023
Assessed value
$1,023,731
Assessed 2023
Previous assessed
$979,320
+4.5% YoY
Effective rate
1.93%
On assessed value
Assessed land
$256,483
Assessed improvement
$767,248
Land market value
$256,483
Improvement market value
$767,248
Total market value
$1,023,731
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2007
Construction
WOOD
Heating
YES
Cooling
YES
Buildings
1
Stories
2
Total area
14,904 SF
Lot
1.43 ac (62,291 SF)
APN
11-16-24-000-004-0
UPID
US18-2256691
Jurisdiction
LEON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2007
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Buildings
1
Lot
1.43 ac
Current owner
From public records · entity-resolved
Remington Green Of Tallahassee Ll
Individual
Mailing address
PO BOX 14274, TALLAHASSEE, FL 32317-4274
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 28, 2012
$900,000
Remington Green Of Tallahassee Ll
Florida Bank Group INC
Warranty Deed
$755,000 · Capital City Bank
Nov 16, 2010
$1,600,000
Florida Bank Group INC
Dean Dev Homebuilding LLC
Deed In Lieu Of Foreclosure
—
Feb 22, 2006
$675,000
Dean Dev Homebuilding LLC
Richard L White & Co INC
Warranty Deed
$2,400,000 · Bank Of Tallahassee
—
—
Dean Dev Homebuilding LLC
—
Deed Of Trust
related
—
—
—
Remington Green Of Tallahassee Ll
—
Deed Of Trust
related
$992,000 · Sunshine Svgs Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2236 Capital NE Cir?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
