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Property profile & analytics
OFF-MARKET
Estimated value
$7,410,000
Office buildings
323 John Knox Rd Tallahassee, FL 32303
Entity Owned
Free & Clear
Property ID
US18-4296233
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1989
Construction
FRAME
Total area
86,168 SF
Lot
3.2 ac (139,392 SF)
APN
21-24-20-029-000-0
UPID
US18-4296233
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.94M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.63M
Blend (final)
Blend
$7.41M
Owner & transaction history
323 John Knox LLC
323 John Knox LLC
since 2026
Last sale
$7.4M
7 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
$7,210,000
ML approach
$6,935,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$7.41M
Range $6.67M – $8.15M · ±10% · vs last sale $7.40M (May 14 2025)
Last sale anchor
$7.40M
May 14 2025
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
$86 / 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
$88,385
Tax year 2023
Assessed value
$4,567,809
Assessed 2023
Previous assessed
$4,413,164
+3.5% YoY
Effective rate
1.93%
On assessed value
Assessed land
$430,373
Assessed improvement
$4,137,436
Land market value
$430,373
Improvement market value
$4,137,436
Total market value
$4,567,809
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1989
Construction
FRAME
Heating
YES
Cooling
YES
Buildings
1
Stories
3
Total area
86,168 SF
Lot
3.2 ac (139,392 SF)
APN
21-24-20-029-000-0
UPID
US18-4296233
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
1989
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
3
Buildings
1
Lot
3.2 ac
Current owner
From public records · entity-resolved
323 John Knox LLC
Entity
Free & Clear · 0 yrs held
Mailing address
1303 GODAVARI WAY, WESLEY CHAPEL, FL 33543-4088
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 22, 2026
$100
323 John Knox LLC
Walton Accommodations 201 LLC
Deed
—
Apr 7, 2026
—
323 John Knox LLC
—
Deed
related
$11,000,000 · Servisfirst Bank
Dec 2, 2025
—
323 John Knox LLC
Walton Accommodations 201 LLC
Deed
related
—
May 14, 2025
$7,400,000
Walton Accommodations 201 LLC
Sangit202 LLC
Warranty Deed
—
Sep 29, 2020
$6,100,000
Sangit2020 LLC
Cre Woodcrest LLC
Warranty Deed
—
Jun 3, 2019
—
Cre Woodcrest LLC
—
Grant Deed
related
$6,025,000 · Keybank USA
Jun 5, 2018
—
Cre Woodcrest LLC
—
Grant Deed
related
$12,000,000 · Centennial Bk
Jan 27, 2017
$100
Cre Woodcrest LLC
Cre Woodcrest LLC
Grant Deed
related
—
Jan 27, 2017
—
Cre Woodcrest LLC
Bre South Pooled Office Owner
Grant Deed
related
—
Sep 7, 2016
—
Cre Woodcrest LLC
—
Deed
related
$6,450,000 · Centennial Bk
Feb 16, 2016
—
Cre Woodcrest LLC
Cre Woodcrest LLC
Quit Claim Deed
related
—
Dec 15, 2015
$8,600,000
Cre Woodcrest LLC
Bre South Pooled Office Owner
Grant Deed
—
Jul 21, 2015
$9,846,000
Bre South Pooled Office Owner
General Elec Cr Equities
Grant Deed
—
Jan 2, 2014
$18,667,900
Elec Cr Equities
Da Woodcrest LLC
Grant Deed
—
—
—
Cre Woodcrest LLC
—
Deed Of Trust
related
$2,250,000 · Centennial Bk
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.
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