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Office Building with Ample Parking
For Sale
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825 Thomasville Rd, Tallahassee, FL 32303

Midtown office building with ample parking and convenient ingress and egress via Johnston and Calhoun streets.

Property Size6,000 SF
Price / SF$154.17
Days on Market183

Property Features for 825 Thomasville Rd

General Information

Standard status Active
Size 6,000 SF
Property subtype OFFICE

Additional Details

Road Access Yes

Building Details

Buildings 1
Listing Agency: Ciminelli Real Estate Services - Proctor & Long Group
Listed By: Stewart Proctor, CCIM
Source: Moodyscre
Added: Jan 29 Changed: Jul 30 Last Checked: Jul 30 at 7:50AM

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 Ciminelli Real Estate Services - Proctor & Long Group

Investment Insights

Based on property information with market context.

825 Thomasville Rd is an office building for sale in Midtown, offering a convenient work setting minutes from Downtown Tallahassee. The property provides easy pedestrian access to nearby restaurants and coffee shops.

The building totals 6,000 square feet, and it is positioned for practical daily operations with ample parking. For vehicle access, ingress and egress are available via Johnston Street and Calhoun Street, supporting straightforward arrival and departure for employees and visitors.

Key Highlights

  • 6,000 square feet office building
  • Ample parking on‑site
  • Easy ingress and egress via Johnston Street

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 $126.0k $21.00
− Vacancy −$27.7k −$4.62
EGI $98.3k $16.38
− OpEx −$24.6k −$4.10
NOI $73.7k $12.29
6,000 SF · lease $21.00/SF/yr · vacancy 22.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.05M
$921.4K – $1.23M (±1% cap)
NOI $73,710 @ 7.0% cap · market cap 7.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.47M
$1.29M – $1.72M (±1% cap)
NOI $102,966 @ 7.0% cap · market cap 11.13%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

VALIC Financial Advisors ... Financial Advisor Westervelt Ecological Services Environmental Consultant Ciminelli Real Estate ... Real Estate Agency Chastain-Skillman Inc Environmental Consultant Manasa Consulting Inc Business Management Consultant

Suggested Use

Top Pick Dental Office HVAC Service Carpet & Flooring Store Discount Store (Bike/Boat/Book/etc) Store Auto Parts Store

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

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,953
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
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Frequently Asked Questions

What type of property is this?
Office building - Midtown office building with ample parking and convenient ingress and egress via Johnston and Calhoun streets.
Where is this office building located?
The property is located at 825 Thomasville Rd Tallahassee, FL.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: 6,000 square feet office building; Ample parking on‑site; Easy ingress and egress via Johnston Street
(850) 294-9060 Call to check price and availability
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