410 Calhoun StTallahassee, FL 32301

Property Details for 410 Calhoun St

Year built

1844

Construction

WOOD

Lot size

0.25 AC

Property size (Sq ft)

4,977 SF

Property type

Office properties

Property subtype

Office buildings

APN

21-36-40-093-360-5

APU

2136400933605

Description

Own a piece of Tallahassee history with this unique 4,977-square-foot creative office space located at 410 N Calhoun Street. This two-story, Class C building, situated on a 0.25-acre lot (APN 2136400933605), is zoned SCD – Special Character District. Originally constructed in 1844, this property boasts original heart pine flooring and four fireplaces (functional status unknown). The main floor features a grand entry hall, a large kitchen, and a half-bath. Upper floors include full bathrooms. The property includes rear-yard parking. A complete restoration was undertaken between 1979 and 1981. The building is currently furnished, excluding a few family heirlooms. Its prime location offers exceptional proximity to the Capitol building, numerous restaurants, and prominent law firms. This single-tenant, owner-user investment opportunity is priced at $975,000. This is a rare chance to acquire a significant piece of Florida's rich history and establish a thriving business in a highly desirable location. The property is located in Leon County, Tallahassee, Florida, 32301.

• CAP approach

  CAP return

  Valuation

  6%

  $1,030,267

  6.5%

  $951,016

  7%

  $883,086

• Comparable approach

  Method

  Valuation

  Relative Method

  $353,815

  Geo Method

  $353,815

• Alternative Use

  Use

  Valuation

  Residential

  $1,179,260

  Hospitality

  $1,080,196

  Educational

  $898,710

  Medical

  $929,618

  Retail

  $1,397,993

Location Insight

City

Tallahassee

County

Leon

State

Florida

Latitude

30.4462

Longitude

-84.2799

CBSA code

45220

CBSA name

TALLAHASSEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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