106 College AveTallahassee, FL 32301

  • Office properties
  • 85,541 SF
For Lease
$28/SF/YR View listing

Property Details for 106 College Ave

Year built
1990
Construction
FRAME
Lot size
0.22 AC
Property size (Sq ft)
85,541 SF
Property type
Office properties
Property subtype
Office buildings
APN
21-36-25-177-161-0
APU
2136251771610

Description

Highpoint Center offers exceptional Class A office space in Tallahassee, Florida. Located at 106 E College Ave, this property boasts a total of 15,914 square feet, currently entirely vacant and ready for immediate occupancy. The building is categorized as a multi-tenant property, with flexible space options available. Individual suites range from a minimum of 3,421 square feet up to a maximum contiguous space of 7,787 square feet, providing ample room for businesses of various sizes. The property's prime location in Leon County, zip code 32301, ensures high visibility and easy access for clients and employees. The property's APN is 21-36-25-177-161.0. This is an excellent opportunity to establish a presence in a thriving Tallahassee business district. The building's executive office and storefront subtypes offer versatile options for businesses seeking a professional and accessible location. Two spaces are currently available, offering a combined total of between 2,774 and 7,787 square feet. This presents a unique chance to secure a significant footprint in a highly desirable area. Contact us today to learn more about leasing opportunities at this exceptional Class A office building.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $17,707,472
    6.5%
    $16,345,360
    7%
    $15,177,834
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,081,110
    Geo Method
    $6,081,110
  • Alternative Use

    Use
    Valuation
    Residential
    $20,268,246
    Hospitality
    $18,565,604
    Educational
    $15,446,365
    Medical
    $15,977,589
    Retail
    $24,027,678
106 College Ave, Tallahassee, Florida

Location Insight

City
Tallahassee
County
Leon
State
Florida
Latitude
30.441
Longitude
-84.2814
CBSA code
45220
CBSA name
TALLAHASSEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$207,228
$891,219
$9,292,205
$10,183,424
-
$891,219
$9,292,205
$10,183,424

FAQs

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