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Financial
Distress signals
Property profile

2415 N Monroe St Tallahassee, FL 32303

FOR LEASE
Hotels
Property ID
US18-6123097
232,739 SF 63.42 ac lot Built 1971
Last sale Sep 2020 · $800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The Centre of Tallahassee, a prominent 561,797 square foot regional mall situated on a spacious 90-acre lot at 2415 N Monroe St, Tallahassee, FL 32303, presents a unique investment opportunity. Built in 1971 and extensively renovated in 2020, this single-story property boasts a prime location and significant potential. Currently, nine retail spaces are available, ranging in size from 1,600 square feet to 62,978 square feet, catering to a diverse range of business needs. The property is zoned…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$247k
Tax billed · 2023
Assessed value$16.22M
Assessed land$4.10M
Assessed improvement$12.11M
Effective rate1.53%

Value estimate

· Oct 2026
$14.55M
$13.10M – $16.01M
CAP approach$15.31M
Submarket $/SF estimate$13.79M
NOI build-up
Gross scheduled income$8.43M
Vacancy & credit loss−$632k
Operating expenses−$2.34M
NOI · 45,470,441.67% cap applied$5.46M

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
45,470,441.67%
$5.46M estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLEON

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply25.4
Realty agency21.7
Wholesale Shop20.4

Location

2415 N Monroe St Tallahassee, FL 32303
County assessor Recorded deeds · 11 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 9 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1695 Capital NW, Tallahassee, FL 32303-3113 $4,150,000 Nov 2023 26,882 SF
3219 Monroe, Tallahassee, FL 32303-2821 $7,600,000 Sep 2022 38,457 SF
3216 Monroe, Tallahassee, FL 32303-2822 $4,800,000 Aug 2021 36,094 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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