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    Property profile & analytics

    3820 Monroe St Tallahassee, FL 32303-2136

    • Drug stores
    • 13,566 SF
    • 2.21 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US18-3429327
    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

    • Walgreens / Stationery Store / Drug Store
    • Walgreens Photo / Photo Shop / Passport Photo Processor
    • Walgreens Pharmacy / Pharmacy
    • Andrea Ablordeppey, PharmD / Pharmacy
    • Redbox / Movie Rental Store / Movie Rental Kiosk

    Property Details for 3820 Monroe St

    Year built
    2005
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    2.21 lot acres
    Property size
    13,566 SF
    Property type
    Drug stores
    APN
    21-09-20-002-000-0
    APU
    2109200020000

    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
    -84.3299
    Latitude
    30.5017
    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
    $54,475
    $385,072
    $2,430,250
    $2,815,322
    -
    $385,072
    $2,430,250
    $2,815,322

    Comparable in this City

    • Value Estimation by Request
      13,286 SF

      1708 Monroe St

      DRUG STORE, PHARMACY • 13,286 SF
      1708 Monroe St, Tallahassee, FL 32303-5535
      View Details
    • Value Estimation by Request
      11,200 SF

      3831 Monroe St

      DRUG STORE, PHARMACY • 11,200 SF
      3831 Monroe St, Tallahassee, FL 32303-2173
      View Details
    • Value Estimation by Request
      13,159 SF

      5733 Capital NW Cir

      DRUG STORE, PHARMACY • 13,159 SF
      5733 Capital NW Cir, Tallahassee, FL 32303
      View Details
    • Value Estimation by Request
      15,433 SF

      2349 Monroe St

      DRUG STORE, PHARMACY • 15,433 SF
      2349 Monroe St, Tallahassee, FL 32303-4733
      View Details
    • Value Estimation by Request
      5,000 SF

      1000 Thomasville Rd

      Individual retail properties • 5,000 SF
      1000 Thomasville Rd, Tallahassee, FL 32303
      View Details
    • Value Estimation by Request
      4,400 SF

      2800 Monroe St

      CONVENIENCE STORE • 4,400 SF
      2800 Monroe St, Tallahassee, FL 32303-3635
      View Details

    Similar Nearby for Sale

    • $4,800,000
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      Prime Tallahassee Retail Investment

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      20,606 SF building ideal for church or event venue.
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      Prime commercial property with high visibility and ample parking.
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      2,700 SF

      Thomasville Road Outparcel Opportunity

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      Commercial property in Tallahassee, FL with parking and patio.
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    Similar Nearby for Lease

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      1,000 SF

      Retail/Restaurant Space in Northwood Centre

      Retail or restaurant space in a high-traffic location.
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    • $395,000
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      Freestanding 1,270 SF building suitable for medical, office, retail.
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    • $18 SF/Yr
      4,635 SF

      Retail Space on Thomasville Road

      Retail space with high visibility and multiple access points.
      1800-1898 Thomasville Rd, Tallahassee, FL 32303
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    • $16 SF/Yr
      92,067 SF

      Midtown Tallahassee Retail Space

      Prime retail space, multiple units available.
      1800 Thomasville Rd, Tallahassee, FL 32303
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    • $14 SF/Yr
      8,530 SF

      Retail Space Available For Lease

      8,530 SF retail space with highway visibility.
      3802 N Monroe St, Tallahassee, FL 32303
      View Details
    • Contact for pricing
      5,000 SF

      Retail/Restaurant Space For Rent

      Retail or restaurant space in a high-traffic location.
      1885 Northwood Blvd, Tallahassee, FL 32303
      View Details

    Property Visit Statistics

    • Visits by month
      736
    • Visitors by month
      453
    • Avg Time on site
      25 min
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    3820 Monroe St
    Tallahassee, FL 32303-2136
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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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