1612 W Plaza Dr, Tallahassee, FL 32308
A built 1980 medical office with exam rooms, doctor offices, and ample on-site parking for clinical and related uses.
- Added:
- Jun 17, 2026
- Days on Market:
- 5
- Last Refresh:
- Jun 20 at 6:15 am
Property Features for 1612 W Plaza Dr
General Information
- Standard status
- Active
- Size
- 3,277 SF
- Property subtype
- Multi Tenant Office
Building Details
- Year Built
- 1980
Listing agent lucy poole (850) 386-6160
Listing office Coldwell Banker Commercial Hartung (850) 386-6160
Listing date Jun 17, 2026
Source Thebrokerlist
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All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Hartung
HighLights
- 3,277 SF medical office building built in 1980
- Floor plan includes 6 exam rooms, 3 doctor’s offices, waiting room, and reception area
- Includes 5 bathrooms plus lounge and additional rooms/storage
- Zoned PUD with abundant on‑site parking; parcel ID 112860 B0030
- Annual HOA dues: $2,638; 2024 real estate taxes: $5,495.48
- Existing use is medical office
Overview
The property is located at 1612 West Plaza Drive in Tallahassee and sits on a parcel identified as 112860 B0030. It is zoned PUD (Eastwood Office Plaza) and offers abundant parking, an important convenience factor for patients and visitors. Owner association dues are listed as $2,638 annually. 2024 real estate taxes are listed as $5,495.48.
For buyers or operators seeking an office building already laid out for medical services, the existing exam room and office layout can reduce the need for major reconfiguration. With reception, waiting, and multiple treatment and support areas on one floor plan, the property is well-suited to practices that value an organized patient intake and flexible internal room usage. Existing medical office use may also be advantageous for teams looking to maintain continuity of space utilization.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $68.8k | $21.00 |
| − Vacancy | −$15.1k | −$4.62 |
| EGI | $53.7k | $16.38 |
| − OpEx | −$13.4k | −$4.10 |
| NOI | $40.3k | $12.29 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Animal Medical Clinic Tallahassee — 2701 Waldo Palmer Ln, Tallahassee, FL 32308
- Capital Veterinary Specialists — 1615 Mahan Center Blvd, Tallahassee, FL 32308
- Animal Eye Clinic — 1615 Mahan Center Blvd, Tallahassee, FL 32308
- Bevis Veterinary Hospital — 1919 Miccosukee Rd, Tallahassee, FL 32308
- Bevis Lucas DVM — 1919 Miccosukee Rd, Tallahassee, FL 32308
Location Insight
- Map
- Local Demand
- City
- Tallahassee
- County
- Leon
- State
- Florida
- Longitude
- -84.2389591
- Latitude
- 30.457183
