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    111 South Magnolia Drive Tallahassee, FL 32301 Tallahassee, FL 32301

    • Medical offices
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Medical offices

    Property Details for 111 South Magnolia Drive Tallahassee, FL 32301

    Year built
    1987
    Property type
    Medical offices
    Property subtype
    Office space

    Description

    The Courtyard at Magnolia Park Shopping Center is an oasis of tranquility in the hub of new development. Beautiful brick courtyard with wrap around balcony, center fountain and lush landscape. Join established iconic Tallahassee merchants: Little Italy, Dorothy's Skin Care, Journey's in Yoga, Children's Health Associates, and Children's Campaign of Florida. Location Description The property is located on Magnolia Drive between Park Avenue and Governors Square Blvd. with a central location next to Capital Health Plan and one mile to Tallahassee Memorial Hospital. Highlights 1,000-5,731 SF Space on both 1st and 2nd floor available with access to an elevator Located at the corner of Magnolia Dr. and Park Ave. Beautiful courtyard environment Signage on 3 major roads Traffic count: 38,000 cars per day

    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
    -84.2618
    Latitude
    30.4459

    Comparable in this City

    • Value Estimation by Request

      Lots 1-7 Highland Oaks Ter

      Medical offices
      Lots 1-7 Highland Oaks Ter, Tallahassee, FL 32301
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    • Value Estimation by Request

      215 S Monroe St

      1,275 - 40,597 SF of 4-Star Space Available in Tallahassee, FL 32301
      215 S Monroe St, Tallahassee, FL 32301, Tallahassee, FL 32301
      View Details
    • Value Estimation by Request
      7,294 SF

      904 Lafayette St

      MEDICAL BUILDING • 7,294 SF
      904 Lafayette St, Tallahassee, FL 32301-4514
      View Details
    • Value Estimation
      $465,000
      2,502 SF

      428 College Ave

      MEDICAL BUILDING • 2,502 SF
      428 College Ave, Tallahassee, FL 32301-1524
      View Details
    • Value Estimation
      $1,215,000
      3,536 SF

      1160 Apalachee Pkwy

      MEDICAL BUILDING • 3,536 SF
      1160 Apalachee Pkwy, Tallahassee, FL 32301-4542
      View Details
    • Value Estimation by Request
      28,516 SF

      2200 Monroe St

      MEDICAL BUILDING • 28,516 SF
      2200 Monroe St, Tallahassee, FL 32301-6303
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Highland Office Park Lots

      Tallahassee Office Land for Sale
      Lots 1-7 Highland Oaks Ter, Tallahassee, FL 32301
      View Details
    • $249,000
      1 SF

      Office/Retail Condo in Tallahassee

      Well-maintained 1,200 SF office/retail condo in a prime location.
      2901 Tallahassee Dr, Tallahassee, FL 32301
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    • Contact for pricing
      27,722 SF

      Boulos Building: Downtown Tallahassee Office Space

      Historic Downtown Tallahassee Office Building, For Sale or Lease
      118 Monroe St, Tallahassee, FL 32301
      View Details
    • $10,950,000
      13,075 SF

      Downtown Tallahassee Office Building

      Prime location, high cap rate, flexible space
      119 Monroe St, Tallahassee, FL 32301
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    • Contact for pricing
      25,629 SF

      Office Space on Apalachee Parkway

      Office space with high ceilings and natural light for sale.
      2600 Apalachee Pkwy, Tallahassee, FL 32301
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    • $699,000
      3,971 SF

      Downtown Tallahassee Office Investment

      3,971 SF office space with prime views and customization.
      215 W College Ave, Tallahassee, FL 32301
      View Details

    Similar Nearby for Lease

    • $8 SF/Yr
      6,249 SF

      Tallahassee Office Space Available

      Flexible workspace solutions in prime location.
      101 Monroe St, Tallahassee, FL 32301
      View Details
    • $15 SF/Yr
      1,612 SF

      Tallahassee Office Space for Lease

      Prime location, 1612 sq ft, versatile layout.
      1110 S Magnolia Dr, Tallahassee, FL 32301
      View Details
    • Contact for pricing
      837 SF

      Renovated Office Buildings For Lease

      Recently renovated office buildings with spaces for lease in Tallahassee.
      1030 E Lafayette St, Tallahassee, FL 32301
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    • $21 SF/Yr
      13,783 SF

      Downtown Tallahassee Office Space

      Historic building, 6 suites available
      336 College Ave, Tallahassee, FL 32301
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    • Contact for pricing
      7,890 SF

      Premier Retail Location

      Individual retail properties • 7,890 SF
      2000 Apalachee Pkwy, Tallahassee, FL 32301
      View Details
    • Contact for pricing
      288 SF

      Office Space Available For Rent

      Office space available for rent, totaling 288 square feet.
      1020 E Lafayette St, Tallahassee, FL 32301
      View Details
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    Tallahassee, FL 32301
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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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