Office Space Available For
1309 Thomasville Rd Tallahassee, FL 32303
1309 Thomasville Rd, Tallahassee, FL, 32303
Contact for pricing
For Sale
Contact for pricing
Office property featuring 4,289 square feet of space.
Property Size4,289 SF
Price / SF$227.33
Days on Market136
Property Features for 1309 Thomasville Rd
General Information
- Standard status
- Active
- Size
- 4,289 SF
- Property subtype
- Office
Listing Agency
Wisdom Capital Group
Listed by
Brady Wisdom · License #SL3588056
Source
Crexi
Added: Mar 2 Checked: Jul 16 at 8:48 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Wisdom Capital Group
Investment Insights
Based on property information with market context.
This commercial real estate offering features an office property with 4,289 square feet of space. The property is intended for office use.
Key Highlights
- Office property
- 4,289 sqft
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 | $90.1k | $21.00 |
| − Vacancy | −$19.8k | −$4.62 |
| EGI | $70.3k | $16.38 |
| − OpEx | −$17.6k | −$4.10 |
| NOI | $52.7k | $12.29 |
4,289 SF · lease $21.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$752.7K
$658.6K – $878.2K
NOI $52,690 @ 7.0% cap · market cap 5.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.05M
$920.0K – $1.23M
NOI $73,603 @ 7.0% cap · market cap 7.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
United Insurance Associates
Insurance Agency
F45 Training Tallahassee ...
Gym & Fitness Center
All Clean By ...
Hardware & Home Improvement
Vino Beano
Cafe & Coffee Shop
Covalent Design
Marketing & Advertising
Similar For Sale Nearby
Similar Off Market Nearby
- Aegis Business Technologies — 1310 Thomasville Rd, Tallahassee, FL 32303
- Advanced Business Systems — 1236 N Monroe St, Tallahassee, FL 32303
- Crown Networking Tallahassee — 1309 Thomasville Rd Suite 211, Tallahassee, FL 32303
- CATRS Technology — 1029 Thomasville Rd, Tallahassee, FL 32303
FAQs
What type of property is this?
Office space - Office property featuring 4,289 square feet of space.
Where is this office space located?
The property is located at 1309 Thomasville Rd Tallahassee, FL.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Office property; 4,289 sqft
