825 Thomasville RdTallahassee, FL 32303

Property Details for 825 Thomasville Rd

Year built

1972

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.23 AC

Property size (Sq ft)

6,480 SF

Property type

Office buildings

APN

21-25-49-019-00E-0

APU

21254901900E0

Description

This exceptional office property at 825 Thomasville Road in Tallahassee, Florida, presents a unique leasing opportunity. The building, a Class B property constructed in 1972 and extensively renovated in 2018, offers 6,000 square feet of versatile office space across three stories. The property is zoned CU-45 and features a single building with multiple tenancy options. Individual suites range up to a maximum of 1,850 contiguous square feet, providing flexibility for businesses of various sizes. Located in the desirable NE Tallahassee, Midtown submarket, this location offers convenient access to downtown Tallahassee, with ample parking and easy access via Johnston and Calhoun Streets. The property's 1972 construction date, coupled with the 2018 renovation, ensures a blend of character and modern functionality. The property's APN is 21254901900E0, and its zip code is 32303. This is an ideal location for businesses seeking a well-maintained, conveniently located office space in a thriving Tallahassee neighborhood. The property's executive and traditional office subtypes cater to a wide range of business needs. This is a rare opportunity to secure office space in a highly sought-after area.

• CAP approach

  CAP return

  Valuation

  6%

  $1,341,397

  6.5%

  $1,238,212

  7%

  $1,149,769

• Comparable approach

  Method

  Valuation

  Relative Method

  $460,663

  Geo Method

  $460,663

• Alternative Use

  Use

  Valuation

  Residential

  $1,535,383

  Hospitality

  $1,406,403

  Educational

  $1,170,111

  Medical

  $1,210,353

  Retail

  $1,820,172

Location Insight

City

Tallahassee

County

Leon

State

Florida

Latitude

30.4515

Longitude

-84.2791

CBSA code

45220

CBSA name

TALLAHASSEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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