Realmo Analytics

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Financial
Distress signals
Property profile

904 E Lafayette St Tallahassee, FL 32301

FOR SALE
Medical Office Space
Property ID
US18-1774881
7,294 SF 1.95 ac lot Built 2016
Last sale May 2018 · $11,200
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$43k
Tax billed · 2023
Assessed value$2.21M
Assessed land$680k
Assessed improvement$1.53M
Effective rate1.93%

Value estimate

· Oct 2026
$1.10M
$986k – $1.20M
CAP approach$1.33M
Submarket $/SF estimate$903k
NOI build-up
Gross scheduled income$153k
Vacancy & credit loss−$34k
Operating expenses−$30k
NOI · 1.79% cap applied$90k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$167/SF
Submarket average, outlier-cleaned · 39 recorded sales of this use type
Observed band · Q1–Q3$124 – $228
Qualifying comparables3

Cap rate analysis

How does the asset earn?
1.79%
$90k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLEON

Location intelligence

Which uses thrive at this corner?
Best fit: Locksmith
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Locksmith9.0
Carpet & Flooring Store8.9
Kitchen & Bath8.8

Location

904 E Lafayette St Tallahassee, FL 32301
County assessor Recorded deeds · 8 transfers 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 18 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2410 Adams, Tallahassee, FL 32301-6325 $2,599,800 Jan 2022 6,666 SF
353 Ofc Plz, Tallahassee, FL 32301-2729 $120,500 Nov 2021 1,638 SF
1407 Lafayette, Tallahassee, FL 32301-4747 $3,583,000 Apr 2021 8,960 SF
428 College, Tallahassee, FL 32301-1524 $410,000 Mar 2021 2,502 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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