1591 Summit Lake DrTallahassee, FL 32317

Property Details for 1591 Summit Lake Dr

Year built

2007

Construction

STEEL FRAME

Lot size

1.23 AC

Property size (Sq ft)

16,397 SF

Property type

Office properties

Property subtype

Office buildings

APN

12-17-25- C-002-0

APU

121725C0020

Description

This exceptional Class A office space, located at 1591 Summit Lake Dr, Tallahassee, FL 32317, offers 2,600 square feet of immediately available space on the first floor of a prestigious two-story building. Built in 2007, this 18,624 square foot building sits on a 1.23-acre lot and boasts high ceilings, custom moldings, and high-grade finishes. The space is perfect for a variety of office needs and features an impressive layout. The property is zoned IC- Interchange Commercial and is part of the Summit East office park, a technology and amenity-driven SMART campus. Summit East provides tenants with access to an on-site hotel, daycare center, green space, a nature trail, and a scenic lake. This is a truly unique opportunity to lease in a highly desirable location with unparalleled amenities. The minimum divisible space is 2,600 square feet, and the maximum contiguous space available is also 2,600 square feet. The building consists of one building with two stories. Don't miss this chance to secure this remarkable office space in a thriving Tallahassee business park. Inquire today for lease rates and further details.

• CAP approach

  CAP return

  Valuation

  6%

  $3,847,100

  6.5%

  $3,551,170

  7%

  $3,297,514

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,165,663

  Geo Method

  $1,165,663

• Alternative Use

  Use

  Valuation

  Residential

  $4,403,450

  Hospitality

  $4,033,536

  Educational

  $3,355,855

  Medical

  $3,471,268

  Retail

  $5,220,219

Location Insight

City

Tallahassee

County

Leon

State

Florida

Latitude

30.4857

Longitude

-84.1503

CBSA code

45220

CBSA name

TALLAHASSEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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