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    Property profile & analytics

    2809 S Adams St Tallahassee, FL 32301

    • Retail space
    • 2,832 SF
    • 1.37 lot acres
    For Sale
    View listing
    $2,338,000
    Value Estimation
    Location Intelligence
    Property ID
    US18-4241242
    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

    • Lighthouse Children's Home Thrift Store / Thrift Store

    Property Details for 2809 S Adams St

    Year built
    1960
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.37 lot acres
    Property size
    2,832 SF
    Property type
    Retail space
    APN
    41-12-05-003-006-0
    APU
    4112050030060

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $360,000

    • CAP approach

      CAP return
      Estimation
      6%
      $255,000
      6.5%
      $300,000
      7%
      $255,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $270,000
      Geo Method
      $270,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $280,000
      Retail
      $245,000
      Mixed-Use
      $255,000
      Hospitality
      $250,000
      Educational
      $275,000
      Residential Income
      $250,000
      Energy
      $230,000
      Income-Based Land
      $275,000
      Food Service
      $210,000

    Location Insight

    • Map
    • Local Demand
    City
    Tallahassee
    County
    Leon
    State
    Florida
    Longitude
    -84.2825
    Latitude
    30.4116
    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
    $4,334
    $134,273
    $985,701
    $1,119,974
    -
    $134,273
    $985,701
    $1,119,974

    Comparable in this City

    • Value Estimation
      $605,000
      5,040 SF

      1441 Monroe St

      RETAIL STORES (PERSONAL SERVICES) • 5,040 SF
      1441 Monroe St, Tallahassee, FL 32301-4345
      View Details
    • Value Estimation
      $1,050,000
      4,808 SF

      2415 Adams St

      RETAIL STORES (PERSONAL SERVICES) • 4,808 SF
      2415 Adams St, Tallahassee, FL 32301-6362
      View Details
    • Value Estimation
      $310,000
      2,460 SF

      2529 Adams St

      RETAIL STORES (PERSONAL SERVICES) • 2,460 SF
      2529 Adams St, Tallahassee, FL 32301-6326
      View Details
    • Value Estimation
      $305,000
      1,750 SF

      1439 Monroe St

      RETAIL STORES (PERSONAL SERVICES) • 1,750 SF
      1439 Monroe St, Tallahassee, FL 32301
      View Details
    • Value Estimation
      $210,000
      2,145 SF

      2530 Monroe St

      RETAIL STORES (PERSONAL SERVICES) • 2,145 SF
      2530 Monroe St, Tallahassee, FL 32301-6307
      View Details
    • Value Estimation
      $270,000
      1,448 SF

      131 Calhoun St

      RETAIL STORES (PERSONAL SERVICES) • 1,448 SF
      131 Calhoun St, Tallahassee, FL 32301-1505
      View Details

    Similar Nearby for Sale

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      Two buildings with retail, warehouse, and office space available.
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      Retail Space Near FSU

      Retail space for lease near FSU, delivery expected March 2026.
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      Downtown Corner Retail Investment

      Prime corner retail space in downtown Tallahassee, fully leased.
      541 N Monroe St, Tallahassee, FL 32301
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      Retail Property on Apalachee Parkway

      Retail property available for sale on Apalachee Parkway.
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      Prime Retail Spaces in Tallahassee

      Retail and restaurant spaces in a vibrant mixed-use development.
      440 N Monroe St, Tallahassee, FL 32301
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    Similar Nearby for Lease

    • Contact for pricing
      1,533 SF

      Retail Space on Apalachee Parkway

      Retail spaces available in Tallahassee, Florida shopping center.
      1665-1779 Apalachee Pkwy, Tallahassee, FL 32301
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    • Contact for pricing
      3,500 SF

      Retail Space Near Downtown Tallahassee

      Retail and restaurant spaces available near downtown and Florida State.
      220 S Magnolia Dr, Tallahassee, FL 32301
      View Details
    • $3,000 /Mo
      12,450 SF

      Retail Center Across From Sam's

      Established retail center with high traffic and ample parking.
      1160-1174 Capital Cir SE, Tallahassee, FL 32301
      View Details
    • Contact for pricing
      3,167 SF

      Retail Space on Apalachee Pkwy

      Retail space in high-traffic area with established retail footprint.
      2425 Apalachee Pkwy, Tallahassee, FL 32301
      View Details
    • Contact for pricing
      1,800 SF

      Magnolia Drive Retail Opportunity

      Retail and restaurant spaces available near downtown Tallahassee and FSU.
      218 S Magnolia Dr, Tallahassee, FL 32301
      View Details
    • $12 SF/Yr
      20,000 SF

      Magnolia Park Retail Space Available

      Tallahassee storefront, multiple units, high visibility.
      111 Magnolia Dr, Tallahassee, FL 32301
      View Details

    Property Visit Statistics

    • Visits by month
      7.8k
    • Visitors by month
      4.5k
    • Avg Time on site
      15 min
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    Tallahassee, FL 32301
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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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