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    1974 Commonwealth Ln Tallahassee, FL 32303

    For Sale
    $675,000

    Prime commercial property with high visibility and ample parking.

    Property size:
    9,260 SF

    Property Features for 1974 Commonwealth Ln

    General Information

    Size
    9,260 SF

    Building Details

    Year built
    1998

    Source: Alan Richardson Agent Alan Richardson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Tallahassee Commercial Property For Sale

    Located at 1974 Commonwealth Ln in Tallahassee, FL, this commercial property offers approximately 9,260 square feet of floor area suitable for retail, office, or mixed-use purposes. The property is situated in the Commonwealth Office Park, conveniently located off I-10 and Capital Circle NW, providing easy access to major thoroughfares. It features great parking at the front door and overlooks I-10, maximizing visibility. The property is easily divisible, offering multiple tenancy options. An additional lot next door is available for an additional cost, adding versatility and room to grow.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Georgia-Florida Burglar Alarm Store WSP Engineering Consultant

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tallahassee
    County
    Leon
    State
    Florida
    Longitude
    -84.3539439
    Latitude
    30.4776866

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    FAQs

    What type of property is this?
    Office building - Prime commercial property with high visibility and ample parking.
    Where is this office building located?
    The property is located at 1974 Commonwealth Ln Tallahassee, FL.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: - High visibility location overlooking I-10.; - Nearly 10,000 square feet of versatile space suitable for retail, office, or mixed-use.; - Ample parking at the front door.
    (850) 545-2273
    Request Owner's contact information
    1974 Commonwealth Ln Tallahassee, FL 32303
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1974 Commonwealth Ln Tallahassee, FL 32303
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