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    Property profile & analytics

    2320 Monroe St Tallahassee, FL 32303-4734

    • Retail space
    • 5,280 SF
    • 0.23 lot acres
    OFF-MARKET
    Value Estimation
    $355,000
    Last Sale
    Jun 11, 2024
    Location Intelligence
    Property ID
    US18-4831714
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • La Moreliana / Grocery Store / Mexican Grocery Store

    Property Details for 2320 Monroe St

    Year built
    1969
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.23 lot acres
    Property size
    5,280 SF
    Property type
    Retail space
    APN
    21-24-20-211-000-0
    APU
    2124202110000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Tallahassee
    County
    Leon
    State
    Florida
    Longitude
    -84.2909
    Latitude
    30.4711
    CBSA code
    45220
    CBSA name
    TALLAHASSEE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,225
    $80,152
    $253,843
    $333,995
    -
    $80,152
    $253,843
    $333,995

    Comparable in this City

    • Value Estimation by Request
      5,000 SF

      1000 Thomasville Rd

      Individual retail properties • 5,000 SF
      1000 Thomasville Rd, Tallahassee, FL 32303
      View Details
    • Value Estimation by Request
      8,392 SF

      1123 Thomasville Rd, Unit A

      RETAIL STORES (PERSONAL SERVICES) • 8,392 SF
      1123 Thomasville Rd, Tallahassee, FL 32303-6491
      View Details
    • Value Estimation
      $740,000
      1,092 SF

      1611 Monroe St

      RETAIL STORES (PERSONAL SERVICES) • 1,092 SF
      1611 Monroe St, Tallahassee, FL 32303-5532
      View Details
    • Value Estimation
      $270,000
      2,640 SF

      5531 Monroe St

      RETAIL STORES (PERSONAL SERVICES) • 2,640 SF
      5531 Monroe St, Tallahassee, FL 32303
      View Details
    • Value Estimation
      $285,000
      1,452 SF

      3515 Monroe St

      RETAIL STORES (PERSONAL SERVICES) • 1,452 SF
      3515 Monroe St, Tallahassee, FL 32303-2746
      View Details
    • Value Estimation
      $715,000
      3,480 SF

      1889 M L King Jr Blvd, Unit 1

      RETAIL STORES (PERSONAL SERVICES) • 3,480 SF
      1889 M L King Jr Blvd, Tallahassee, FL 32303-4701
      View Details

    Similar Nearby for Sale

    • $510,000
      0.19 Acres

      Tallahassee Commercial Property with Parking

      Commercial property in Tallahassee, FL with parking and patio.
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    • $3,166,667
      23,625 SF

      NNN Leased Retail Investment Opportunity

      NNN leased retail property with long-term tenant in Florida.
      3510 N Monroe St, Tallahassee, FL 32303
      View Details
    • New
      $779,000
      0.49 Acres

      Midtown Tallahassee Commercial Property

      Versatile commercial building in Midtown, ideal for diverse business models.
      250 E 6Th Ave, Tallahassee, FL 32303
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    • Contact for pricing
      23,575 SF

      Prime Midtown Tallahassee Location

      Excellent visibility, ideal for retail, medical, or professional office.
      1950 Thomasville Rd, Tallahassee, FL 32303
      View Details
    • $920,000
      3,200 SF

      Retail Property Near I-10 Interchange

      Retail property with high visibility, foot traffic, and strong income.
      3808 N Monroe St, Tallahassee, FL 32303
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    • $4,800,000
      17,544 SF

      Prime Tallahassee Retail Investment

      NNN Lease, 100% Occupied, High NOI
      3802 Monroe St, Tallahassee, FL 32303
      View Details

    Similar Nearby for Lease

    • $16 SF/Yr
      92,067 SF

      Midtown Tallahassee Retail Space

      Prime retail space, multiple units available.
      1800 Thomasville Rd, Tallahassee, FL 32303
      View Details
    • Contact for pricing
      5,000 SF

      Retail/Restaurant Space For Rent

      Retail or restaurant space in a high-traffic location.
      1885 Northwood Blvd, Tallahassee, FL 32303
      View Details
    • $14 SF/Yr
      8,530 SF

      Retail Space Available For Lease

      8,530 SF retail space with highway visibility.
      3802 N Monroe St, Tallahassee, FL 32303
      View Details
    • Contact for pricing
      1,000 SF

      Retail/Restaurant Space in Northwood Centre

      Retail or restaurant space in a high-traffic location.
      1885 Northwood Center Blvd, Tallahassee, FL 32303
      View Details
    • $395,000
      1,270 SF

      Freestanding Building Near Northwood Mall

      Freestanding 1,270 SF building suitable for medical, office, retail.
      1881 N M L King Jr Blvd, Tallahassee, FL 32303
      View Details
    • $18 SF/Yr
      4,635 SF

      Retail Space on Thomasville Road

      Retail space with high visibility and multiple access points.
      1800-1898 Thomasville Rd, Tallahassee, FL 32303
      View Details

    Property Visit Statistics

    • Visits by month
      7.2k
    • Visitors by month
      4.5k
    • Avg Time on site
      10 min
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    2320 Monroe St
    Tallahassee, FL 32303-4734
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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