Financial
Distress signals
Property profile

3050 W Tharpe St Tallahassee, FL 32303

FOR LEASE
Distribution centers
Property ID
US18-3980409
16,336 SF 0.75 ac lot Built 1973
Last sale Feb 2026 · $850,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A flex industrial warehouse located on West Tharpe Street in Tallahassee, Florida. The building totals approximately 20,000 square feet, including about 3,500 square feet of office space and about 16,500 square feet of warehouse space. It is served by two active loading docks and features insulated construction with a metal roof and metal exterior walls. Parking for approximately 20 vehicles is available at the front of the building. The property is positioned to provide access to Downtown Tallahassee and Interstate 10, supporting logistics and delivery use.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$13k
Tax billed · 2023
Assessed value$697k
Assessed land$74k
Assessed improvement$624k
Effective rate1.91%

Value estimate

· Sep 2026
$800k
$720k – $880k
Submarket $/SF estimate$744k
NOI build-up
Gross scheduled income$51k
Vacancy & credit loss−$3k
Operating expenses−$15k
NOI · 376,833.33% cap applied$34k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$96/SF
ZIP average, outlier-cleaned · 40 recorded sales of this use type
Observed band · Q1–Q3$59 – $204

Cap rate analysis

How does the asset earn?
376,833.33%
$34k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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 agency29.5
Dental Office24.1
Law Firm20.5

Location

3050 W Tharpe St Tallahassee, FL 32303
County assessor Recorded deeds · 8 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 · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3481 Garber, Tallahassee, FL 32303-1115 $1,190,500 Nov 2024 7,380 SF
4800 Woodlane, Tallahassee, FL 32303-6858 $3,948,000 Aug 2024 8,000 SF
3630 Peddie, Tallahassee, FL 32303-1158 $850,000 Aug 2024 10,000 SF
4770 Woodlane Cira, Tallahassee, FL 32303-6843 $3,948,000 May 2024 8,400 SF
3510 Monroe, Tallahassee, FL 32303-2745 $1,379,000 Feb 2024 23,625 SF
4779 Woodlane, Tallahassee, FL 32303-6844 $755,000 Jun 2023 7,070 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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