Technical
Financial
Distress signals
Property profile

625 Gaines St Tallahassee, FL 32304

OFF-MARKET
Motels
Property ID
US19-0327293
33,606 SF 3.34 ac lot Built 2018
Entity Owned 7-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Motels
Use group MOTEL
Year built 2018
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 33,606 SF
Lot 3.34 ac (145,490 SF)
APN 21-36-90-090-931-0
UPID US19-0327293

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
  • Atm
  • Grocery & Convenience Store Food Market
  • Atm

Location

625 Gaines St Tallahassee, FL 32304-4307
Tallahassee metro Census 501 TALLAHASSEE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.21M
Comparable Approach Comparable
$2.82M
Blend (final) Blend
$2.52M

Owner & transaction history

since 2018
7 recorded transactions
2018
$5.6M
2016
Price N/A
2016
Price N/A
2016
$2.0M
2003
$1.6M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $3.9M +158.0%
Neighborhood: shopping center $3.3M +115.9%
Retail stores $3.1M +102.9%

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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