2415 N Monroe St Tallahassee, FL 32303
Property profile & analytics
2415 N Monroe St, Tallahassee, FL 32303
- Hotels
- 232,739 SF
- 63.42 lot acres
Property ID
US18-6123097
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.
Location Intelligence
Current Use by Public Records
- Consumer Credit Counseling Services / Financial Advisor
- AMC Tallahassee 20 / Cinema / Theater & Performing Art Venue
- Tal Nails / Nail Salon
- Crowns / Hair Salon
- Florida Blue Center - Sanitas North Monroe / Insurance Agency
Property Details for 2415 N Monroe St
- Year built
- 1971
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 63.42 lot acres
- Property type
- Hotels
- APN
- 21-24-20-206-000-0
- APU
- 2124202060000
Description
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 AC - Activity Center, reflecting its suitability for a variety of commercial uses. Its substantial size and prominent location within Leon County make it an attractive prospect for investors seeking a high-impact retail investment. The property's parcel number (APN) is 2124202060000. This established center offers a chance to capitalize on a thriving retail market in Tallahassee, Florida. The extensive 2020 renovation ensures modern amenities and a contemporary appeal, attracting both tenants and customers. This is an exceptional opportunity to acquire a significant retail asset in a desirable location.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $16,585,000
- 6.5%
- $15,305,000
- 7%
- $14,215,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $13,791,000
Market price range: $3.88M - $22.0M -
Alternative Use
- Use
- Estimation
- HOTEL/MOTEL
- $13,865,000 Current use
- RESTAURANT
- $22,680,000 Change: +64% Conversion: Difficult
- MEDICAL BUILDING
- $20,675,000 Change: +49% Conversion: Difficult
- RETAIL STORES
- $18,670,000 Change: +35% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Tallahassee
- County
- Leon
- State
- Florida
- Longitude
- -84.291
- Latitude
- 30.476
- 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
$247,410
$4,102,424
$12,113,565
$16,215,989
-
$4,102,424
$12,113,565
$16,215,989
