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Property profile & analytics
OFF-MARKET
Estimated value
$2,025,000
Grocery and convenience stores
5648 Blountstown Hwy Tallahassee, FL 32304-9115
Entity Owned
~
Est. High Equity
Property ID
US18-2588444
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,128 SF
Lot
1.6 ac (69,827 SF)
APN
21-31-20-616-000-0
UPID
US18-2588444
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
-
Valero Gas Station
-
ATM Atm
-
Marathon Gas Station
-
bp Car Wash
-
Taqueria El Calentanos Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.03M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.03M
Owner & transaction history
5648 2026 LLC
5648 2026 LLC
since 2026
Last sale
$2.0M
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
$2,025,000
ML approach
$2,025,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.03M
Range $1.82M – $2.23M · ±10% · vs last sale $2.03M (Mar 8 2024)
Last sale anchor
$2.03M
Mar 8 2024
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
$952 / 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
$6,051
Tax year 2023
Assessed value
$410,588
Assessed 2023
Previous assessed
$410,588
+0.0% YoY
Effective rate
1.47%
On assessed value
Assessed land
$101,249
Assessed improvement
$309,339
Land market value
$101,249
Improvement market value
$309,339
Total market value
$410,588
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Buildings
1
Stories
1
Total area
2,128 SF
Lot
1.6 ac (69,827 SF)
APN
21-31-20-616-000-0
UPID
US18-2588444
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
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Lot
1.6 ac
Current owner
From public records · entity-resolved
5648 2026 LLC
Entity
Mailing address
6501 N OCEAN DR #704, HOLLYWOOD, FL 33019
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 19, 2026
$1,000,000
5648 2026 LLC
Pompano Property Investments LLC
Warranty Deed
$8,100,000 · F V Simpson Revocable Living Trust
Mar 8, 2024
—
Florida Oil Corp
Angelfish Real Estate LLC
Special Warranty Deed
—
Mar 8, 2024
$2,025,000
Pompano Property Investments LLC
Florida Oil Corp
Special Warranty Deed
—
May 1, 2023
—
Florida Oil Corp
Angelfish Real Estate LLC
Agreement Of Sale
—
May 1, 2023
$1,300,000
Florida Oil Corp
Angelfish Real Estate LLC
Agreement Of Sale
—
Apr 27, 2023
$1,300,000
Angelfish Real Estate LLC
Sagarland Development LLC
Special Warranty Deed
—
Apr 27, 2020
—
Sagarland Development LLC
—
Deed
related
$888,000 · Tc Federal Bank
Apr 3, 2015
$375,300
Sagarland Development LLC
Shreeji Investments Of Oak Grove Ll
Warranty Deed
$383,470 · Ameris Bank
Oct 12, 2012
$355,000
Shreeji Invs Of Oak Grove LLC
Express Lane INC
Grant Deed
$336,000 · Ameris Bank
Nov 24, 2010
$350,000
Express Lane INC
Andrews Family Ptshp Ltd
Warranty Deed
—
Nov 24, 2010
—
Andrews Family Ptshp Ltd
Andrews,shirley N
Quit Claim Deed
—
Apr 5, 2007
—
State Of Florida Dept/transportat
Andrews Shirley N Trust
Warranty Deed
related
—
—
—
Shreeji Invs Of Oak Grove LLC
—
Loan Modification
related
$304,572 · Ameris 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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