Technical
Financial
Distress signals
Property profile

2578 Monroe St Tallahassee, FL 32303

OFF-MARKET
Retail space
Property ID
US18-4125381
10,366 SF 1.18 ac lot Built 2005
Entity Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2005
Construction FRAME
Total area 10,366 SF
Lot 1.18 ac (51,401 SF)
APN 21-23-20-012-000-0
UPID US18-4125381

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Discount Store

Location

2578 Monroe St Tallahassee, FL 32303
Tallahassee metro Census 1500 TALLAHASSEE, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.39M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.62M
Blend (final) Blend
$3.40M

Owner & transaction history

since 2021
Last sale
$2.9M
7 recorded transactions
2021
$2.9M
2017
Price N/A
2013
$7.9M
2006
$1.8M
2004
$620,800
2003
$550,000
1998
Price N/A

Zoning & alternative use

Top alternative use upside
Neighborhood: shopping center $2.6M +16.3%
Industrial (general) $2.4M +10.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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