Professional Office
2056 Centre Pointe Ln, Tallahassee, FL 32308
For Sale
$1,200,000
6,050 SF office property in the established Centre Pointe area of Northeast Tallahassee.
Property Size6,050 SF
Price / SF$198.35
Days on Market50
Property Features for 2056 Centre Pointe Ln
General Information
Standard status
Size
Property subtype
Additional Details
Cap Rate
Listing Agency:
Coldwell Banker Commercial Hartung
Listed By:
Jim Brockett · License #3112357
(850) 459-4585
Source:
Cbcworldwide
Added: Sep 21
Changed: Nov 4
Last Checked: Nov 8 at 2:09AM
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
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Investment Insights
Based on property information with market context.
This professional office property comprises 6,050 SF at 2056 Centre Pointe Lane in Tallahassee. Classified as an office building, the asset is suited to office-focused ownership or occupancy and is located within the established Centre Pointe area.
The property is positioned in Northeast Tallahassee, Florida. The offering includes an indicated 7.6% cap rate, providing a stated investment metric for evaluation.
The property is positioned in Northeast Tallahassee, Florida. The offering includes an indicated 7.6% cap rate, providing a stated investment metric for evaluation.
Key Highlights
- 6,050 SF professional office property
- Located in the established Centre Pointe area
- Northeast Tallahassee location
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$74,324
Cap Rate
6.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,486,480
$1.5M
Cap Rate 7%
$1,061,771
$1.1M
Cap Rate 9%
$825,822
$825.8K
Market Conditions
NOI Build-Up for 6,050 SF
Gross rent
$127.1K $21.00/SF
− Vacancy
−$28.0K −$4.62/SF
EGI
$99.1K $16.38/SF
− OpEx
−$24.8K −$4.10/SF
NOI
$74.3K $12.29/SF
Area
Tallahassee, FL
Vacancy
22.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,486,480
Cap Rate 7%
$1,061,771
Cap Rate 9%
$825,822
Alternative Uses
Best Use
Office B
$1.06M
$929.1K – $1.24M
NOI $74,324 @ 7.0% cap · market cap 6.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.48M
$1.30M – $1.73M
NOI $103,824 @ 7.0% cap · market cap 8.65%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,758
Businesses Nearby
Explore this area
Business Placement
Demographics for 32308, FL
23,355
Population
11,838
Households
2
Avg Household Size
43
Median Age
56%
College-Educated
97%
High-School Grad
15.8 sq mi
ZIP Area
1,478
Density / Sq Mi
$73,125
Median Household Income
$46,786
Median Earnings
$1,327
Median Rent
$291,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Office buildings in Tallahassee
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - 6,050 SF office property in the established Centre Pointe area of Northeast Tallahassee.
Where is this office building located?
The property is located at 2056 Centre Pointe Ln Tallahassee, FL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 6,050 SF professional office property; Located in the established Centre Pointe area; Northeast Tallahassee location
