545 John Knox RdTallahassee, FL 32303

Property Details for 545 John Knox Rd

Year built

2004

Construction

FRAME

Lot size

2.10 AC

Property size (Sq ft)

22,448 SF

Property type

Office buildings

APN

21-24-20-202-000-0

APU

2124202020000

Description

This exceptional 2,559 square foot office space is located at 545 John Knox Rd, Tallahassee, FL 32303, in Leon County. The property, a Class B building constructed in 2004 and renovated in 2016, offers a traditional office layout within a single, two-story building. The building features a total of 0 square feet, with the entire 2,559 square feet currently vacant and available for lease. This presents a unique opportunity for a business seeking immediate occupancy. The building boasts a 15 FAR (Floor Area Ratio). Its convenient location offers easy access to downtown Tallahassee and Interstate 10, placing it within close proximity to a variety of shopping and dining options. The property is ideal for businesses seeking a well-maintained, conveniently located office space in a thriving area. The multiple tenancy structure allows for flexibility in lease terms and configurations. This is a fantastic opportunity to establish or expand your business in a desirable Tallahassee location. The address is 545 John Knox Rd, Tallahassee, Florida, 32303.

• CAP approach

  CAP return

  Valuation

  6%

  $2,791,879

  6.5%

  $2,577,119

  7%

  $2,393,039

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,595,828

  Geo Method

  $1,595,828

• Alternative Use

  Use

  Valuation

  Residential Income

  $3,195,628

  Hospitality / Lodging

  $2,927,178

  Institutional / Educational

  $2,435,378

  Healthcare / Senior Housing

  $2,519,134

  Retail / Commercial

  $3,788,365

Location Insight

City

Tallahassee

County

Leon

State

Florida

Latitude

30.4724

Longitude

-84.2895

CBSA code

45220

CBSA name

TALLAHASSEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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