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    1661 Phillips Road Tallahassee, FL 32308 Tallahassee, FL 32308

    • Medical offices
    For Lease
    View listing
    $10 SF/Yr
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Medical offices

    Property Details for 1661 Phillips Road Tallahassee, FL 32308

    Property type
    Medical offices
    Property subtype
    Medical centers

    Description

    A former surgery center that is ideal for continued use as a medical facility or suitable for re-purposing. It holds multiple operating rooms, recovery areas, private offices, conference rooms, staff locker rooms, medical records room and a business office. Location Description Off Phillips Road, between Blairstone and Mahan Dr. Highlights 3 Acre Site Building is equipped with auxiliary generator Ideal for continued use as a medical facility or suitable for re-purposing Parking Lot Info: 66 Spaces Zoning: Office Residential (OR-3) Construction: Concrete Block & Brick

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Tallahassee
    County
    State
    Florida
    Longitude
    -84.2647522
    Latitude
    30.4309686

    Comparable in this City

    • Value Estimation by Request
      16,899 SF

      1608 Surgeons Dr

      MEDICAL BUILDING • 16,899 SF
      1608 Surgeons Dr, Tallahassee, FL 32308-4683
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    • Value Estimation by Request
      49,862 SF

      1775 1st Healing Pl

      MEDICAL BUILDING • 49,862 SF
      1775 1st Healing Pl, Tallahassee, FL 32308-4600
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    • Value Estimation by Request
      13,488 SF

      1661 Phillips Rd

      MEDICAL BUILDING • 13,488 SF
      1661 Phillips Rd, Tallahassee, FL 32308-5303
      View Details
    • Value Estimation by Request
      7,586 SF

      2020 Fleischmann Rd

      MEDICAL BUILDING • 7,586 SF
      2020 Fleischmann Rd, Tallahassee, FL 32308-4599
      View Details
    • Value Estimation by Request
      4,500 SF

      1771 Capital NE Cir

      MEDICAL BUILDING • 4,500 SF
      1771 Capital NE Cir, Tallahassee, FL 32308-5517
      View Details
    • Value Estimation by Request
      2,303 SF

      1840 Capital Medical Ct

      MEDICAL BUILDING • 2,303 SF
      1840 Capital Medical Ct, Tallahassee, FL 32308-4468
      View Details

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    Similar Nearby for Lease

    • $10 SF/Yr
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      Prime Tallahassee Office Space

      13,448 SF Office Building, 3 Acres
      1661 Phillips Rd, Tallahassee, FL 32308
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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