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1949 Commonwealth Ln, Tallahassee, FL 32303
7,000 SF office building leased to long-term tenant.
Property Size7,000 SF
Price / SF$113.57
Days on Market173
Property Features for 1949 Commonwealth Ln
General Information
Standard status
Active
Size
7,000 SF
Class
B
Property subtype
Office
Zoning
PUD
Occupancy
100%
Building Details
Year Built
1999
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
Coldwell Banker Commercial Hartung
Listed By:
Steve Allen · License #FL
Source:
Crexi
Added: Mar 12
Changed: Aug 27
Last Checked: Aug 29 at 9:54AM
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 Commercial Hartung
Investment Insights
Based on property information with market context.
This 7,000 SF one-story office building, constructed in 1999, is currently leased to Leon Advocacy & Resource Center (LARC), a 501(c)(3) nonprofit organization. LARC has been a tenant since 2008, providing long-term tenancy. The building features a new roof installed in 2025. Situated within Commonwealth Office Park in Northwest Tallahassee, the property is near Interstate 10 and Capital Circle NW, offering regional access within an established office corridor. The site is zoned PUD (Planned Unit Development) and includes surface parking. The Parcel ID is #2120320000170.
Key Highlights
- Leased to LARC, a respected nonprofit, providing stable income since 2008
- New roof installed in 2025, reducing capital expenditure concerns
- Located in the well‑established Commonwealth Office Park in Northwest Tallahassee
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
309
Businesses Nearby
Explore this area
Business Placement
Demographics for 32303, FL
48,644
Population
24,864
Households
2
Avg Household Size
34
Median Age
46%
College-Educated
95%
High-School Grad
34.8 sq mi
ZIP Area
1,398
Density / Sq Mi
$63,123
Median Household Income
$37,702
Median Earnings
$1,324
Median Rent
$204,900
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - 7,000 SF office building leased to long-term tenant.
Where is this office building located?
The property is located at 1949 Commonwealth Ln Tallahassee, FL.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Leased to LARC, a respected nonprofit, providing stable income since 2008; New roof installed in 2025, reducing capital expenditure concerns; Located in the well‑established Commonwealth Office Park in Northwest Tallahassee
