Technical
Financial
Distress signals
Property profile

3481 Garber Dr Tallahassee, FL 32303

OFF-MARKET
Distribution centers
Property ID
US18-4246308
7,380 SF 1.53 ac lot Built 1994
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1994
Construction FRAME
Total area 7,380 SF
Lot 1.53 ac (66,647 SF)
APN 21-20-20-685-000-0
UPID US18-4246308

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Big Box & Wholesale Store Discount Store

Location

3481 Garber Dr Tallahassee, FL 32303-1115
Tallahassee metro Census 2201 TALLAHASSEE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$885k
Comparable Approach Comparable
$632k
Blend (final) Blend
$215k

Owner & transaction history

since 2025
Last sale
$1.2M
2 recorded transactions
2025
$1.2M
2016
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $1.3M +85.7%
Restaurant $1.3M +82.6%
Medical building $1.2M +74.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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