Technical
Financial
Distress signals
Property profile

3612 Austin Davis Ave Tallahassee, FL 32308

OFF-MARKET
Medical Office Space
Property ID
US18-6639951
6,776 SF 0.53 ac lot Built 2016
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2016
Construction WOOD
Total area 6,776 SF
Lot 0.53 ac (23,087 SF)
APN 11-28-03-000-004-0
UPID US18-6639951

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
  • Dental Office
  • Dental Office
  • Dental Office
  • Dental Office
  • Dental Office

Location

3612 Austin Davis Ave Tallahassee, FL 32308-7401
Tallahassee metro Census 907 TALLAHASSEE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.61M
CAP Approach CAP
$1.24M
Comparable Approach Comparable
$1.46M
Blend (final) Blend
$1.23M

Owner & transaction history

since 2021
Last sale
$1.5M
7 recorded transactions
2021
$1.5M
2015
Price N/A
2015
Price N/A
2015
$425,000
2009
$4.2M
2008
Price N/A
2008
Price N/A

Zoning & alternative use

Top alternative use upside
Neighborhood: shopping center $1.9M +68.3%
Restaurant $1.7M +49.8%
Industrial (general) $1.6M +40.9%

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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