Search
Divisible Office Building
For Sale
$675,000

1974 Commonwealth Ln, Tallahassee, FL 32303

Flexible commercial layout supports office, retail, or mixed-use occupancy with on-site parking.

Property Size9,260 SF
Days on Market194

Property Features for 1974 Commonwealth Ln

General Information

Standard status Active
Size 9,260 SF
Class B
Property subtype Multi Tenant Office

Building Details

Building Size 9,260 SF
Year Built 1998
Listing Agency: NAI TALCOR
Listed By: Alan Richardson · License #SL3056256
Source: Thebrokerlist
Added: Feb 18 Changed: Aug 30 Last Checked: Aug 30 at 10:38PM

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 NAI TALCOR

Investment Insights

Based on property information with market context.

Built in 1998, this office property provides nearly 10,000 square feet of adaptable floor area for office, retail, or mixed-use applications. The layout can be divided for multiple tenancy arrangements, and parking is positioned at the front of the building. An adjacent nearly 1/2-acre lot is also available, providing additional land associated with the property.

The building is located in Commonwealth Office Park at 1974 Commonwealth Ln in Tallahassee, Florida. It overlooks I-10 and offers access to both I-10 and Capital Circle NW, connecting the property with major area thoroughfares. Its position near these routes provides direct highway exposure and convenient access for occupants and visitors.

Key Highlights

  • Nearly 10,000 square feet of adaptable office space
  • Divisible layout supports multiple tenancy options
  • Office, retail, and mixed‑use applications identified

Property Analytics

Current Use

Georgia-Florida Burglar Alarm Department Store WSP Engineering Consultant

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Law Firm Spa & Massage Center Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

309
Businesses Nearby

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

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Flexible commercial layout supports office, retail, or mixed-use occupancy with on-site parking.
Where is this office building located?
The property is located at 1974 Commonwealth Ln Tallahassee, FL.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Nearly 10,000 square feet of adaptable office space; Divisible layout supports multiple tenancy options; Office, retail, and mixed‑use applications identified
More about this property
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