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Property profile & analytics
OFF-MARKET
Estimated value
$2,265,000
Community centers
2910 Kerry Frst Pkwy Tallahassee, FL 32309-6892
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-6079626
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1991
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
25,518 SF
Lot
3.49 ac (152,024 SF)
APN
14-27-25- P-001-0
UPID
US18-6079626
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
-
Remington Kitty DVM Veterinary Clinic
-
Dollar Tree Discount Store
-
International Towers LLC Construction Company General Contractor
-
Florida Contractors LLC Construction Company
-
Tree-D Inc (Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.71M
Blend (final)
Blend
$2.27M
Owner & transaction history
Northampton Shopping Ctr LLC · 7 yrs held
Northampton Shopping Ctr LLC
since 2019
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.27M
Range $2.04M – $2.49M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$89 / SF
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
$42,589
Tax year 2023
Assessed value
$2,383,794
Assessed 2023
Previous assessed
$1,935,545
+23.2% YoY
Effective rate
1.79%
On assessed value
Assessed land
$440,870
Assessed improvement
$1,942,924
Land market value
$440,870
Improvement market value
$1,942,924
Total market value
$2,383,794
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1991
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Buildings
1
Stories
1
Total area
25,518 SF
Lot
3.49 ac (152,024 SF)
APN
14-27-25- P-001-0
UPID
US18-6079626
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
1991
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Lot
3.49 ac
Current owner
From public records · entity-resolved
Northampton Shopping Ctr LLC
Entity
Mailing address
55 5TH AVE FL, NEW YORK, NY 10003-4301
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
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
Apr 6, 2023
—
Northampton Shopping Center LLC
—
Deed
related
$995,000 · Valley Bank
Feb 3, 2022
—
Northampton Shopping Center LLC
—
Deed
related
$5,000,000 · Valley Bank
Jul 2, 2019
$100
Northampton Shopping Ctr LLC
Northampton 134 West 93rd Ll
Grant Deed
related
$5,000,000 · Valley Nat'l Bk
Dec 30, 2016
$4,200,000
Northampton 134 West 93rd LLC
Twin Action Properties INC
Grant Deed
—
Dec 30, 2016
$2,700,000
Northampton 134 West 93rd LLC
Northampton Dixie Property LLC
Grant Deed
—
Nov 6, 2007
—
Twin Action Properties INC
Trust No 110191-b
Quit Claim Deed
related
$6,300,000 · Probank
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.
Try Rey
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