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Property profile

2681 Monroe St Tallahassee, FL 32303

OFF-MARKET
Motels
Property ID
US18-2929980
17,916 SF 1.92 ac lot Built 1978
Last sale Mar 2015 · $1,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The Econo Lodge North Tallahassee is an 82-room economy hotel located on 1.92 acres along a primary commercial corridor in Tallahassee, Florida. The property underwent a comprehensive renovation in 2025, including a replaced roof, parking lot resurfacing, and full bathroom renovations, reflecting completed capital improvements. The hotel is operated under the Econo Lodge/Choice Hotels brand affiliation and is positioned to accommodate transient lodging demand associated with Florida State…

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?
$25k
Tax billed · 2023
Assessed value$1.31M
Assessed land$451k
Assessed improvement$862k
Effective rate1.93%

Value estimate

· Oct 2026
$1.15M
$1.03M – $1.26M
CAP approach$1.18M
Submarket $/SF estimate$1.12M

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?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency19.6
Dental Office12.9
Wholesale Shop12.3

Location

2681 Monroe St Tallahassee, FL 32303-4027
County assessor Recorded deeds · 5 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

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3210 Monroe, Tallahassee, FL 32303-2822 $4,700,000 May 2025 33,839 SF
2735 Monroe, Tallahassee, FL 32303-4029 $331,300 Apr 2024 5,342 SF
745 Monroe, Tallahassee, FL 32303-6138 $1,100,000 Aug 2022 9,138 SF
3090 Monroe, Tallahassee, FL 32303-2818 $2,550,000 May 2022 12,777 SF
2905 Monroe, Tallahassee, FL 32303-3636 $7,000,000 Feb 2022 10,180 SF
2738 Monroe, Tallahassee, FL 32303-4030 $2,205,000 Jul 2021 29,200 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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