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    Property profile & analytics

    2401 Ml Crk Ln Tallahassee, FL 32308-4357

    • Community centers
    • 1,584 SF
    • 0.46 lot acres
    OFF-MARKET
    Value Estimation
    $760,000
    Last Sale
    Oct 29, 2020
    $695,000
    Location Intelligence
    Property ID
    US18-4473597
    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

    • Subway / Caterer / Sandwich Shop

    Property Details for 2401 Ml Crk Ln

    Year built
    1994
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.46 lot acres
    Property size
    1,584 SF
    Property type
    Community centers
    APN
    11-16-30-000-010-0
    APU
    1116300000100

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $890,000

    • CAP approach

      CAP return
      Estimation
      6%
      $725,000
      6.5%
      $680,000
      7%
      $645,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $690,000
      Geo Method
      $670,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $730,000
      Retail
      $780,000
      Mixed-Use
      $630,000
      Hospitality
      $630,000
      Educational
      $640,000
      Residential Income
      $710,000
      Energy
      $780,000
      Income-Based Land
      $785,000
      Food Service
      $760,000

    Location Insight

    • Map
    • Local Demand
    City
    Tallahassee
    County
    Leon
    State
    Florida
    Longitude
    -84.2364
    Latitude
    30.4833
    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
    $8,375
    $215,409
    $217,428
    $432,837
    -
    $215,409
    $217,428
    $432,837

    Comparable in this City

    • Value Estimation by Request
      44,734 SF

      6615 Mahan Dr Ste, Unit 102

      MINI-MALL • 44,734 SF
      6615 Mahan Dr Ste, Tallahassee, FL 32308-1401
      View Details
    • Value Estimation by Request
      8,610 SF

      1908 Capital Cir Ne Ste, Unit 1

      MINI-MALL • 8,610 SF
      1908 Capital Cir Ne Ste, Tallahassee, FL 32308-4590
      View Details
    • Value Estimation by Request
      12,362 SF

      2655 Capital Cir Nea

      MINI-MALL • 12,362 SF
      2655 Capital Cir Nea, Tallahassee, FL 32308-4240
      View Details
    • Value Estimation
      $260,000
      6,900 SF

      3252 Mahan Dr

      MINI-MALL • 6,900 SF
      3252 Mahan Dr, Tallahassee, FL 32308-0597
      View Details
    • Value Estimation
      $325,000
      3,696 SF

      3514 Mahan Dr, Unit 1

      MINI-MALL • 3,696 SF
      3514 Mahan Dr, Tallahassee, FL 32308-5685
      View Details
    • Value Estimation
      $2,380,000
      3,336 SF

      3398 Capital NE Cir

      MINI-MALL • 3,336 SF
      3398 Capital NE Cir, Tallahassee, FL 32308-3710
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      18,000 SF

      Retail Space on Capital Circle

      Retail space available in Tallahassee, Florida.
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      Tallahassee Retail Investment Opportunity

      18,027 SF retail center with 92% occupancy.
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      NNN Lease Near Florida State

      NNN lease with rental increases near Florida State University.
      1719 W Tennessee St, Tallahassee, FL 32308
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    • $5,500,000
      10,861 SF

      Prime Tallahassee Commercial Parkway Property

      High-visibility 10,861 SF building on 2.14 acres near I-10.
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      Hermitage Office Park For Sale

      Hermitage Office Park For Sale
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      0.49 Acres

      Commercial Lot Near HCA Hospital

      0.49 acre commercial lot near HCA Hospital.
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    Similar Nearby for Lease

    • $10 SF/Yr
      2,880 SF

      Capital Circle NE Retail Center

      High-traffic retail space available.
      1519 Capital Cir, Tallahassee, FL 32308
      View Details
    • Contact for pricing
      1,325 SF

      Retail Space in Tallahassee Center

      Retail space available in a busy, anchored shopping center.
      6615 Mahan Dr, Tallahassee, FL 32308
      View Details
    • $25 SF/Yr
      20,000 SF

      Mahan Medical Office Suites

      Tallahassee medical office space available
      2459 Mahan Dr, Tallahassee, FL 32308
      View Details
    • $15 SF/Yr
      2,066 SF

      Live Oak Plaza: Prime Tallahassee Office

      Two Executive Suites, Ample Parking, 2066 SF Total
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      View Details
    • $14 SF/Yr
      29,000 SF

      Mahan Drive Executive Office Space

      Prime Tallahassee Office Building, 29,000 SF
      1709 Mahan Dr, Tallahassee, FL 32308
      View Details
    • $40 SF/Yr
      4,126 SF

      Retail Space For Lease

      Retail space available in high-traffic area with significant growth potential.
      2320 Capital Cir NE, Tallahassee, FL 32308
      View Details

    Property Visit Statistics

    • Visits by month
      1.7k
    • Visitors by month
      1.2k
    • Avg Time on site
      38 min
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    Tallahassee, FL 32308-4357
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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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