2108 Delta WayTallahassee, FL 32303

Property Details for 2108 Delta Way

Year built

1993

Construction

WOOD

Lot size

0.57 AC

Property size (Sq ft)

4,784 SF

Property type

Office properties

Property subtype

Office buildings

APN

21-24-20-060-000-0

APU

2124200600000

Description

This exceptional 2,400-square-foot office building is ideally situated at 2108 Delta Way, Tallahassee, Florida, 32303. Located in a bustling office park off John Knox Road, this property boasts excellent visibility and convenient access. The two-story building offers a single-tenant occupancy, perfect for a growing business seeking ample space and privacy. The 2,400 square feet are located upstairs and include a private entrance, providing a sense of exclusivity and security. The interior layout is well-designed, featuring 14 individual offices, a private bathroom, and a spacious open area, offering flexibility for various business needs. The property also includes a significant advantage: 33 parking spaces, ensuring convenient parking for employees and clients. This prime location in north-central Tallahassee offers easy access to major roadways and a thriving business community. The property type is classified as Executive Office, Creative Office, and Traditional Office, making it suitable for a wide range of businesses. This is a rare opportunity to acquire a well-maintained, spacious, and conveniently located office building in a desirable area of Tallahassee.

• CAP approach

  CAP return

  Valuation

  6%

  $794,757

  6.5%

  $733,622

  7%

  $681,220

• Comparable approach

  Method

  Valuation

  Relative Method

  $340,095

  Geo Method

  $340,095

• Alternative Use

  Use

  Valuation

  Residential

  $909,691

  Hospitality

  $833,272

  Educational

  $693,273

  Medical

  $717,115

  Retail

  $1,078,424

Location Insight

City

Tallahassee

County

Leon

State

Florida

Latitude

30.4737

Longitude

-84.2825

CBSA code

45220

CBSA name

TALLAHASSEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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