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    Property profile & analytics

    2418 Ml Crk Ln, Unit 3 Tallahassee, FL 32308-4368

    • Office Properties & Spaces
    • 1,566 SF
    • 0.03 lot acres
    OFF-MARKET
    Value Estimation
    $245,000
    Location Intelligence
    Property ID
    US18-3356115
    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

    • Tally Dental / Dentist
    • Hair Station / Beauty Salon
    • Law Office of Allen Turnage / Law Firm / Attorney
    • Omnicom Consulting Group, Inc. / Consultant
    • Dr. Romelio Abreu / Practitioner Service Location / Medical Clinic

    Property Details for 2418 Ml Crk Ln

    Year built
    2005
    Construction
    WOOD
    Lot size
    0.03 lot acres
    Property size
    1,566 SF
    Property type
    Office Properties & Spaces
    APN
    11-16-31-000-003-0
    APU
    1116310000030

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $265,000

    • CAP approach

      CAP return
      Estimation
      6%
      $180,000
      6.5%
      $205,000
      7%
      $190,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $210,000
      Geo Method
      $165,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $190,000
      Retail
      $215,000
      Mixed-Use
      $195,000
      Hospitality
      $225,000
      Educational
      $240,000
      Residential Income
      $200,000
      Energy
      $205,000
      Income-Based Land
      $205,000
      Food Service
      $215,000

    Location Insight

    • Map
    • Local Demand
    City
    Tallahassee
    County
    Leon
    State
    Florida
    Longitude
    -84.2359
    Latitude
    30.484
    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
    $4,619
    $44,631
    $204,976
    $249,607
    -
    $44,631
    $204,976
    $249,607

    Comparable in this City

    • Value Estimation by Request
      1,000 SF

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      5,989 SF

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      Office buildings • 5,989 SF
      1500 Mahan Dr, Tallahassee, FL 32308
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      1891 Capital Cir

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      1891 Capital Cir, Tallahassee, FL 32308
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    • Value Estimation by Request
      765 SF

      1885 Professional Park Cir, Unit 3

      CONDOMINIUM OFFICES • 765 SF
      1885 Professional Park Cir, Tallahassee, FL 32308-4572
      View Details
    • Value Estimation by Request
      8,166 SF

      501 Tennessee St

      Office Properties & Spaces • 8,166 SF
      501 Tennessee St, Tallahassee, FL 32308
      View Details
    • Value Estimation
      $190,000
      1,275 SF

      1881 Professional Park Cir Ste, Unit 80

      CONDOMINIUM OFFICES • 1,275 SF
      1881 Professional Park Cir Ste, Tallahassee, FL 32308-4536
      View Details

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    Tallahassee, FL 32308-4368
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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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