Property summary
This exceptional investment opportunity presents a fee-simple ownership of an 8,750-square-foot childcare facility in Tallahassee, Florida. Located at 2881 E Park Ave, this property boasts a prime location within Leon County (zip code 32301), situated on a 0.95-acre lot. The building, constructed in 2012, operates under a corporate-guaranteed Absolute NNN lease with Childcare Network, a significant national player with over 240 schools. The lease, originally commencing June 30, 2012, has a… remaining term of 7.6 years, extending to June 29, 2032, with two 5-year options. Rent escalations are built-in, with a maximum increase of 6% or CPI, whichever is greater, every three years. The property currently enjoys 100% occupancy, generating a substantial net operating income (NOI) of $135,740, resulting in a compelling 6.50% cap rate. The asking price is $2,088,000. This is a rare opportunity to acquire a stable, high-performing asset in a growing market, benefiting from the presence of several colleges and universities, including Florida State University, and a population exceeding 135,000 residents within a 5-mile radius. The property is zoned for commercial use.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 4 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 · 16 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 8,750 SF
- Lot area
- 0.95 ac
- Year built
- 2012
- Stories
- 1
- APN
- 11-33-20-413-000-0
- Assessed value · 2023
- $896,137
- Annual tax · 2023
- $17,340
- Industrial (general)
- Retail Stores
- Office Building · current use
- Commercial (general)
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Alternative use
- Local Zoning Insight
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- Value Estimation
- NOI Potential
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- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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