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Property profile & analytics
OFF-MARKET
Medical Office Space
2424 Plz Dr 1 Tallahassee, FL 32308-5301
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-5042022
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1973
Construction
WOOD
Total area
3,264 SF
Lot
0.19 ac (8,276 SF)
APN
11-28-60- E-002-0
UPID
US18-5042022
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Pediatric Dentist Tallahassee Dental Office
-
Capital Home Health Corporation Speech Pathologist Home Health Care Service
-
CHRISTINA MANN SLOTTER Physician
-
Dr. Stanley Sheppard Dental Office
-
NANCY ELIZABETH MARKOVICH Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Bekaro Land LLC · 3 yrs held
Bekaro Land LLC
since 2023
Last sale
$427,500
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Tallahassee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tallahassee submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$5,695
Tax year 2023
Assessed value
$294,348
Assessed 2023
Previous assessed
$249,211
+18.1% YoY
Effective rate
1.93%
On assessed value
Assessed land
$65,280
Assessed improvement
$229,068
Land market value
$65,280
Improvement market value
$229,068
Total market value
$294,348
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1973
Construction
WOOD
Heating
YES
Cooling
YES
Buildings
1
Stories
1
Total area
3,264 SF
Lot
0.19 ac (8,276 SF)
APN
11-28-60- E-002-0
UPID
US18-5042022
Jurisdiction
LEON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1973
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
Bekaro Land LLC
Entity
Mailing address
237 JOHN KNOX RD, TALLAHASSEE, FL 32303-6676
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 11, 2023
$427,500
Bekaro Land LLC
Webb Porter LLC
Warranty Deed
$342,000 · Tc Federal Bank
Jul 8, 2022
—
Webb Porter LLC
Capital Home Health Corp
Warranty Deed
—
Oct 5, 2018
—
Capital Home Health Corp
—
Deed
related
$215,798 · Tc Fed'l Bk
Jun 7, 2018
$230,000
Capital Home Health Corp
Stanley A Sheppard
Warranty Deed
$220,000 · Tc Federal Bank
May 26, 2017
—
Sheppard Family Trust
Sheppard,stanley A & Marcia N
Quit Claim Deed
related
—
—
—
Capital Home Health Corp
—
Loan Modification
related
$215,798 · Tc Fed'l Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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