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Property profile & analytics
OFF-MARKET
Estimated value
$2,095,000
Grocery and convenience stores
2290 Capital NE Cir Tallahassee, FL 32308-4306
Entity Owned
4-yr Hold
Free & Clear
Property ID
US18-5015088
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2006
Construction
FRAME
Total area
3,920 SF
Lot
1.49 ac (64,904 SF)
APN
11-16-20-608-000-0
UPID
US18-5015088
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
-
Pan Food Stores Gas Station
-
SunStop Store #518 Grocery & Convenience Store
-
ATM (Pan Food Stores) Atm
-
Inland Gas Station
-
Cardtronics ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.09M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.35M
Blend (final)
Blend
$2.10M
Owner & transaction history
Southwest Georgia Oil Company INC · 4 yrs held
Southwest Georgia Oil Company INC
since 2022
Last sale
$2.1M
6 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
$2,095,000
ML approach
$2,090,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.10M
Range $1.89M – $2.30M · ±10% · vs last sale $2.10M (Jan 3 2022)
Last sale anchor
$2.10M
Jan 3 2022
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
$534 / 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
$26,281
Tax year 2023
Assessed value
$1,358,207
Assessed 2023
Previous assessed
$1,553,968
-12.6% YoY
Effective rate
1.93%
On assessed value
Assessed land
$697,718
Assessed improvement
$660,489
Land market value
$697,718
Improvement market value
$660,489
Total market value
$1,358,207
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2006
Construction
FRAME
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Total area
3,920 SF
Lot
1.49 ac (64,904 SF)
APN
11-16-20-608-000-0
UPID
US18-5015088
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
2006
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
1.49 ac
Current owner
From public records · entity-resolved
Southwest Georgia Oil Company INC
Entity
Free & Clear · 4 yrs held
Mailing address
1771 E SHOTWELL ST, BAINBRIDGE, GA 39819-4349
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 9, 2022
—
Southwest Georgia Oil Company INC
—
Deed
related
$1,760,000 · The First A National Banking Assn
Jan 3, 2022
$2,100,000
Southwest Georgia Oil Company INC
Maambe INC
Special Warranty Deed
—
Feb 13, 2018
—
Maambe INC
—
Deed
related
$864,937 · Synovus Bk
Jan 19, 2005
$800,000
Maambe INC
Southvest Properties INC
Warranty Deed
$640,000 · Tallahassee State Bank
Aug 6, 2003
$510,000
Southwest Properties INC
Thompson,vergerline
Grant Deed
—
—
—
Maambe INC
—
Loan Modification
related
$864,937 · Synovus 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.
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