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1618 Mahan Center Blvd Tallahassee, FL 32308

OFF-MARKET Office Spaces Google Maps
2,529 SF 0.06 ac lot Built 2006
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This attractive, impeccably maintained Class B office building is nestled in a prestigious Tallahassee business park. Boasting 2,529 square feet, this vacant property features two units (Units 103 & 104), each offering a spacious layout. Amenities include an expansive reception area with desk, six private offices, a sizable conference room, a fully equipped kitchen, a break room, and three private restrooms. Multiple storage areas provide ample space for supplies and files. Ample parking is available for staff and clients. Recently painted with pleasing wood floors, the building is move-in ready. The HVAC system was replaced in 2023. The property sits on a 0.06-acre lot and is zoned C-2, General Commercial. The HOA fee of $1286 per quarter covers exterior maintenance, lighting, parking area, and landscaping. This property is priced at $650,000 ($257.02 per square foot) and is also available for lease. Two additional units are also available for purchase. Built in 2006, this single-story building presents a fantastic opportunity for a business seeking a professional and welcoming environment.

Property profile

Verified
Property type Office Spaces
Year built 2006
Total area 2,529 SF
Lot 0.06 ac (2,614 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Physician
  • Consultant
  • Tech Support Center (Bike/Boat/Book/etc) Store
  • Professional Services

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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