Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1710 Thomasville Rd Tallahassee, FL 32303

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $125,000

    Office/retail space centrally located near Whole Foods on Thomasville Road.

    Lot size:
    0.01 Acres

    Property Features for 1710 Thomasville Rd

    General Information

    Standard status
    Active
    Lot size
    0.01 Acres

    We can help!

    Listing Contact
    Matthew Smith
    Source: Exitrealty

    Listing Agency: Property Finders Nguyen Realty Listing Agent: Matthew Smith

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

    Learn more

    Overview

    Centrally Located Office/Retail Space

    This centrally located office, retail, or service space is situated across from Whole Foods on Thomasville Road. The property features two units, each approximately 500 square feet, connected by French doors that could be replaced by a wall. The unit for sale, located on the right, includes a conference area and an additional bathroom. The unit on the left, located at 1708 Thomasville Road, features two office rooms, a storage room, and a bathroom, and is also available for purchase.
    Location Intelligence

    Current Use by Public Records

    Property Finders-Nguyen Realty Real Estate Agency Nga Nguyen Realty Real Estate Agency Nga Nguyen, Property ... Real Estate Agency Realty School 101 Vocational School Davis Anita Insurance Agency

    Suggested Use

    Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Tallahassee
    County
    Leon
    State
    Florida
    Longitude
    -84.2728375
    Latitude
    30.4629304

    Nearby Similar for Sale

    • $859,900
      0.86 Acres

      Mixed-Use Investment Opportunity

      Versatile mixed-use property with diversified income potential in Tallahassee, FL.
      3976 N Monroe St, Tallahassee, FL 32303
      View Details
    • $880,000
      1.56 Acres

      Waterfront Restaurant Opportunity on Lake Jackson

      Turn-key restaurant with lake views, ample parking, and outdoor stage.
      4806 Jackson Cove Rd, Tallahassee, FL 32303
      View Details
    • $769,000
      0.25 Acres

      Historic Governor Bloxham House

      Historic building suitable for office or hospitality use.
      410 N Calhoun St, Tallahassee, FL 32301
      View Details
    • $450,000

      Profitable Coastal Rental Business Opportunity

      Turnkey rental business with high sales and growth potential.
      2239 15Th St, State Of Florida, FL 34237
      View Details
    • $1,100,000
      0.38 Acres

      Renovated Downtown Tallahassee Brick Building

      Meticulously renovated property with offices, bar, and entertainment area.
      1202 E Park Ave, Tallahassee, FL 32301
      View Details
    • $450,000
      0.13 Acres

      Midtown Tallahassee Mixed-Use Opportunity

      Prime location near shops, bars, and eateries.
      231 Lafayette Cir, Tallahassee, FL 32303
      View Details
    • $795,000
      3,990 SF

      Office Building on Capital Circle

      Flexible office space suitable for multiple firms.
      1909 NE Capital Cir, Tallahassee, FL 32308
      View Details
    • $779,000
      0.49 Acres

      Midtown Tallahassee Commercial Property

      Versatile commercial building in Midtown, ideal for diverse business models.
      250 E 6Th Ave, Tallahassee, FL 32303
      View Details
    • New
      $350,000
      0.43 Acres

      Self-Service Car Wash Opportunity

      Car wash business for sale in prime Tallahassee location.
      2612 S Monroe St, Tallahassee, FL 32301
      View Details
    • $589,000
      0.17 Acres

      Tallahassee Commercial Building For Sale

      Two-story commercial building in Tallahassee, offering investment or owner-user opportunity.
      1355 E Lafayette St, Tallahassee, FL 32301
      View Details
    • $950,000
      5,260 SF

      Midtown Mixed-Use Opportunity

      Versatile property in Tallahassee's Midtown, suitable for commercial or residential.
      259 E 7Th Ave, Tallahassee, FL 32303
      View Details
    • Contact for pricing
      150 SF

      Professional Office Space in Tallahassee

      Private office space with utilities included in Northeast Tallahassee.
      2418 Mill Creek Ct, Tallahassee, FL 32308
      View Details

    FAQs

    What type of property is this?
    Office units - Office/retail space centrally located near Whole Foods on Thomasville Road.
    Where is this office units located?
    The property is located at 1710 Thomasville Rd Tallahassee, FL.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: - Centrally located across from Whole Foods on Thomasville Road.; - Two connected units, each approximately 500 sqft.; - Unit for sale includes a conference area.
    (850) 510-8601
    Request Owner's contact information
    1710 Thomasville Rd Tallahassee, FL 32303
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1710 Thomasville Rd
    Tallahassee, FL 32303
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    1710 Thomasville Rd Tallahassee, FL 32303
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Matthew Smith
    Real Estate License ID: 3476740
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!