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Property profile & analytics
OFF-MARKET
Estimated value
$1,310,000
Community centers
8875 Woodville Hwy Tallahassee, FL 32305-1618
Entity Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-4174652
Property summary
AI-generated overview
This exceptional retail opportunity presents 1,500 square feet of vacant space within the Shoppes of Woodville, a single-story, 16,000 square foot strip plaza located at 8875 Woodville Highway in Tallahassee, Florida. Built in 2009, this property sits on a 3.53-acre lot and is zoned C-2, offering ample potential for a variety of retail uses. The plaza boasts 64 total parking spaces, ensuring convenient access for customers. The property's location offers excellent visibility and accessibility, situated nine miles from Downtown Tallahassee in the Woodville area, a census-designated place within Leon County. The property's APN is 33-08-20-501-0000. This single-tenant space presents a unique chance to establish a business in a thriving community with strong foot traffic potential. The building consists of one structure with a total of 16,000 square feet. The property is located in Leon County, Florida, with a zip code of 32305. This is an excellent opportunity for businesses seeking a well-maintained space in a convenient and accessible location.
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2009
Construction
FRAME
Total area
15,912 SF
Lot
3.53 ac (153,767 SF)
APN
33-08-20-501-000-0
UPID
US18-4174652
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
-
Vape city (Bike/Boat/Book/etc) Store
-
FedEx OnSite Postal Service Courier Service
-
Dollar General Discount Store
-
Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.09M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.31M
Owner & transaction history
Stl Tallahassee LLC · 13 yrs held
Stl Tallahassee LLC
since 2012
Last sale
$1.6M
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
Method
Estimation
Statistic approach
$965,000
ML approach
$1,085,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.31M
Range $1.18M – $1.44M · ±10% · vs last sale $1.55M (Feb 19 2020)
Last sale anchor
$1.55M
Feb 19 2020
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
$82 / 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
$18,495
Tax year 2023
Assessed value
$1,241,312
Assessed 2023
Previous assessed
$1,241,312
+0.0% YoY
Effective rate
1.49%
On assessed value
Assessed land
$85,674
Assessed improvement
$1,155,638
Land market value
$85,674
Improvement market value
$1,155,638
Total market value
$1,241,312
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
2009
Construction
FRAME
Heating
YES
Cooling
YES
Buildings
1
Stories
1
Total area
15,912 SF
Lot
3.53 ac (153,767 SF)
APN
33-08-20-501-000-0
UPID
US18-4174652
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
2009
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Lot
3.53 ac
Current owner
From public records · entity-resolved
Stl Tallahassee LLC
Entity
Mailing address
3332 WESTMORELAND DR, TAMPA, FL 33618-2161
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
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
Nov 1, 2012
$1,775,000
Stl Tallahassee LLC
Dolgen Of Woodville LLC
Warranty Deed
—
Nov 1, 2012
—
Stl Tallahassee LLC
Dolgen Of Woodville LLC
Quit Claim Deed
related
$1,507,567 · Morris Bank
Oct 31, 2008
$185,000
Dolgen Of Woodville LLC
Lewis,donnie W & Sheila S
Warranty Deed
$1,680,000 · Capital City Bank
Oct 1, 2008
$220,500
Owner Name Unavailable
Owner Name Unavailable
Warranty Deed
related
—
—
—
Stl Tallahassee LLC
—
Deed Of Trust
related
$1,507,567 · Morris Bank
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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