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Property profile & analytics
OFF-MARKET
Distribution centers
4863 Gum Rd Tallahassee, FL 32304-9135
Entity Owned
Absentee Owner
Free & Clear
Property ID
US18-4614858
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2000
Construction
FRAME
Total area
3,440 SF
Lot
2.02 ac (87,991 SF)
APN
21-32-20-212-000-0
UPID
US18-4614858
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
Current use
Occupant on record · Public records
-
Del Real Home Services, LLC Renovation Specialist General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Bonnie Blue Properties LLC
Bonnie Blue Properties LLC
since 2025
Last sale
$435,000
5 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,842
Tax year 2023
Assessed value
$190,771
Assessed 2023
Previous assessed
$189,905
+0.5% YoY
Effective rate
1.49%
On assessed value
Assessed land
$30,797
Assessed improvement
$159,974
Land market value
$30,797
Improvement market value
$159,974
Total market value
$190,771
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2000
Construction
FRAME
Heating
NONE
Cooling
NONE
Buildings
1
Stories
1
Total area
3,440 SF
Lot
2.02 ac (87,991 SF)
APN
21-32-20-212-000-0
UPID
US18-4614858
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
2000
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
2.02 ac
Current owner
From public records · entity-resolved
Bonnie Blue Properties LLC
Entity
Free & Clear · 0 yrs held
Mailing address
211 E VIRGINIA ST, TALLAHASSEE, FL 32301-1263
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2025
—
Bonnie Blue Properties LLC
Chris Mcrae
Quitclaim Deed
related
—
Aug 27, 2025
$435,000
Chris Mcrae
Lakshmi 4863 G LLC
Warranty Deed
—
Mar 21, 2025
$270,000
Lakshmi 4863 G LLC
Virgil Pelham
Warranty Deed
$264,000 · Tc Federal Bank
Aug 10, 2007
$148,000
Florida Gulf Contracting INC
Florida Gulf Const Co INC
Warranty Deed
$160,000 · Virgil G Pelham
Aug 28, 2006
—
Florida Gulf Const Co INC
—
Trustees Deed
related
$120,000 · Francis J Zeronda
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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