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    Property profile & analytics

    2997 Apalachee Pkwy Tallahassee, FL 32301-3679

    • Hotels
    • 53,707 SF
    • 1.83 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US18-2638860
    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

    • Fairfield Inn & Suites Tallahassee Central / Hotel
    • 2997 Apalachee Parkway Parking / Parking Lot
    • Evergreen apts / Apartment Building

    Property Details for 2997 Apalachee Pkwy

    Year built
    2011
    Construction
    WOOD
    Lot size
    1.83 lot acres
    Property size
    53,707 SF
    Property type
    Hotels
    APN
    31-04-20-417-000-0
    APU
    3104204170000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Tallahassee
    County
    Leon
    State
    Florida
    Longitude
    -84.2286
    Latitude
    30.4263
    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
    $88,240
    $921,500
    $3,756,628
    $4,678,128
    -
    $921,500
    $3,756,628
    $4,678,128

    Comparable in this City

    • Value Estimation by Request
      99,760 SF

      316 10th St

      HOTEL • 99,760 SF
      316 10th St, Tallahassee, FL 32301-1322
      View Details
    • Value Estimation by Request
      8,758 SF

      415 Monroe St

      HOTEL • 8,758 SF
      415 Monroe St, Tallahassee, FL 32301-1257
      View Details
    • Value Estimation by Request
      8,758 SF

      415 Monroe St

      HOTEL • 8,758 SF
      415 Monroe St, Tallahassee, FL 32301-1257
      View Details
    • Value Estimation by Request
      8,758 SF

      415 Monroe St

      HOTEL • 8,758 SF
      415 Monroe St, Tallahassee, FL 32301-1257
      View Details
    • Value Estimation
      $2,815,000
      41,650 SF

      2020 Apalachee Pkwy

      HOTEL • 41,650 SF
      2020 Apalachee Pkwy, Tallahassee, FL 32301-4818
      View Details
    • Value Estimation by Request
      54,920 SF

      1330 Blair Stone Rd

      HOTEL • 54,920 SF
      1330 Blair Stone Rd, Tallahassee, FL 32301-3068
      View Details

    Similar Nearby for Sale

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      Redevelop this 0.82-acre Tallahassee gem.
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      27,722 SF

      Boulos Building: Downtown Tallahassee Office Space

      Historic Downtown Tallahassee Office Building, For Sale or Lease
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      Prime location, high cap rate, flexible space
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    Similar Nearby for Lease

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      244,947 SF

      Governors Marketplace: Prime Tallahassee Office

      Class A Office Space, High Visibility, Ample Parking
      1654 Governors Square Blvd, Tallahassee, FL 32301
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    • $18 SF/Yr
      35,000 SF

      Tallahassee Office Space For Rent

      35,000 square feet of office space available for lease.
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      View Details
    • $26 SF/Yr
      5,400 SF

      Restaurant Space in Tallahassee, Florida

      Second-generation restaurant space with high visibility on Apalachee Parkway.
      1355 Apalachee Pkwy, 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
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    • Contact for pricing
      16,195 SF

      Tallahassee Retail Opportunity

      Prime Retail/Restaurant Space Available
      850 Gadsden St, Tallahassee, FL 32301
      View Details
    • $360 /Mo
      5,510 SF

      Historic Downtown Tallahassee Office

      Executive Suite, Ample Parking
      118 Gadsden St, Tallahassee, FL 32301
      View Details

    Property Visit Statistics

    • Visits by month
      7.0k
    • Visitors by month
      2.4k
    • Avg Time on site
      484 min
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    Tallahassee, FL 32301-3679
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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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