325 John Knox Rd C D Tallahassee, FL 32303
- Office buildings
- 3,459 SF
- 1.28 lot acres
Current Use by Public Records
- Florida Water Well Contractors Continuing Education Program / Well Drilling Contractor
- US Food Safety Inspection Services / Home Inspector
- Paperlessworks / Software Company
- Fl Association-Community Action / Community College
- Center for Florida Local Government Excellence / University
Property Details for 325 John Knox Rd C D
- Year built
- 1969
- Construction
- WOOD
- Lot size
- 1.28 lot acres
- Property size
- 3,459 SF
- Property type
- Office buildings
- APN
- 21-24-20-017-000-0
- APU
- 2124200170000
Description
Exceptional investment opportunity in Tallahassee, Florida's thriving Woodcrest Office Park. This meticulously maintained property comprises three office buildings totaling $11,100,000 asking price, situated on a substantial 175,949 square foot lot. The buildings, constructed in 1980, boast a strong 7.51% capitalization rate, generating a substantial Net Operating Income (NOI) of $833,950. The property is zoned OR3 and features ample parking, a key advantage in this desirable location. Strategically positioned on 325 John Knox Rd C, D, E, Tallahassee, FL 32303 (APN: 2124206410000, 2124206420000, 2124206430000, 2124209200900), the park offers a beautiful campus setting. Its prime location across from the Centre of Tallahassee provides unparalleled convenience and visibility. The property's proximity to numerous restaurants, shopping centers, and recreational facilities enhances its appeal and value. This unique offering presents a flexible investment opportunity
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,360,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $835,000
- 6.5%
- $940,000
- 7%
- $920,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $845,000
- Geo Method
- $980,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $930,000
- Retail
- $840,000
- Mixed-Use
- $905,000
- Hospitality
- $995,000
- Educational
- $795,000
- Residential Income
- $925,000
- Energy
- $810,000
- Income-Based Land
- $935,000
- Food Service
- $1,065,000
Location Insight
- Map
- Local Demand
- City
- Tallahassee
- County
- Leon
- State
- Florida
- Longitude
- -84.2868
- Latitude
- 30.474
- CBSA code
- 45220
- CBSA name
- TALLAHASSEE, FL METROPOLITAN STATISTICAL AREA