Two-Story Office Building For
1932 Miccosukee Rd, Tallahassee, FL 32308
Call to check price and availability
Freestanding professional office building in NE Tallahassee.
Type:OFFICE
Property size:
4,720 SFLot size:
0.93 AcresPrice / SF:
$144/SF- Added:
- May 20, 2025
- Days on Market:
- 379
- Last Refresh:
- Apr 5 at 8:46 pm
Property Features for 1932 Miccosukee Rd
General Information
- Standard status
- Active
- Size
- 4,720 SF
- Lot size
- 0.93 Acres
- Property subtype
- OFFICE
Listing agent Lawrence "Chip" Hartung License #BK139932 (850) 980-4007
Listing office Coldwell Banker Hartung (850) 980-4007
Listing date May 20, 2025
Source Moodyscre
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 Coldwell Banker Hartung
HighLights
- Premier location near two major hospitals, including being less than 1 mile to Tallahassee Memorial Hospital.
- Freestanding 2‑story professional office building.
- Corner lot with frontage on three roads (Miccosukee Rd, Kuhlacres Dr & Coombs Dr) and 276’ +/- frontage on Miccosukee Rd.
- Great visibility and abundant parking.
- First floor includes reception area, conference rooms, several private offices, storage, 2 bathrooms and full kitchen.
- Surrounded by professional and medical offices.
Overview
This is a two-story freestanding professional office building situated on a corner lot with frontage on three roads. The property has 276 feet of frontage on Miccosukee Road. The first floor features a reception area, conference rooms, several private offices, storage space, two bathrooms, and a full kitchen. The second floor includes several private offices and a bathroom. The property benefits from great visibility and abundant parking. Surrounding uses include professional and medical offices. The location is in Northeast Tallahassee, inside Capital Circle NE, and less than one mile from Tallahassee Memorial Hospital.
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 | $99.1k | $21.00 |
| − Vacancy | −$21.8k | −$4.62 |
| EGI | $77.3k | $16.38 |
| − OpEx | −$19.3k | −$4.10 |
| NOI | $58.0k | $12.29 |
4,720 SF · lease $21.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$828.4K
$724.8K – $966.4K
NOI $57,985 @ 7.0% cap · market cap 8.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.16M
$1.01M – $1.35M
NOI $81,000 @ 7.0% cap · market cap 11.91%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Rowland Publishing, Inc.
Publishing House
Location Insight
- Map
- Local Demand
- City
- Tallahassee
- County
- Leon
- State
- Florida
- Longitude
- -84.2485
- Latitude
- 30.4602
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Freestanding professional office building in NE Tallahassee.
Where is this office building located?
The property is located at 1932 Miccosukee Rd Tallahassee, FL.
What is the asking price?
The asking price for this property is $680,000.
What are key features of this property?
This property features: Premier location near two major hospitals, including being less than 1 mile to Tallahassee Memorial Hospital.; Freestanding 2‑story professional office building.; Corner lot with frontage on three roads (Miccosukee Rd, Kuhlacres Dr & Coombs Dr) and 276’ +/- frontage on Miccosukee Rd.
