1117 Thomasville Rd Tallahassee, FL 32303-6223
- Office buildings
- 16,936 SF
- 0.83 lot acres
Current Use by Public Records
- Rogers, Gunter, Vaughn Insurance, Inc. / Insurance Agency / Home Insurance Agency
- HUB International / Insurance Agency / Insurance Broker
- Car Detailing / Car Detailing Service
- 180 Financial Consultants / Financial Planner
- Tallahassee Arborist / Tree Service
Property Details for 1117 Thomasville Rd
- Year built
- 1956
- Construction
- FRAME
- Lot size
- 0.83 lot acres
- Property size
- 16,936 SF
- Property type
- Office buildings
- APN
- 21-25-53-000-002-0
- APU
- 2125530000020
Description
This exceptional Class A office space, located at 1117 Thomasville Road in Tallahassee, Florida, presents a fantastic opportunity for businesses seeking a convenient and well-appointed location. The suite, totaling 1,415 square feet, is part of a larger 16,000 square foot, two-story building situated on one acre of land. The property boasts a CU-45 zoning designation and features a mix of existing private offices and cubicles, offering flexibility for various business needs. The full-service lease includes access to a shared conference room and kitchen, adding convenience and collaborative potential. Ample parking is available with 51 spaces provided. The building's prime location on Thomasville Road offers easy access to major thoroughfares, including Thomasville Road and North Gadsden Street, and benefits from proximity to local amenities such as Whataburger and Midtown Reader. The asking rate is $13 per square foot. The property's APN is 21-25-53-0000-0020 in Leon County. This is a multi-tenant building with 1,550 square feet currently available.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,740,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,615,000
- 6.5%
- $1,575,000
- 7%
- $1,635,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,590,000
- Geo Method
- $1,750,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,360,000
- Retail
- $1,440,000
- Mixed-Use
- $1,580,000
- Hospitality
- $1,495,000
- Educational
- $1,550,000
- Residential Income
- $1,420,000
- Energy
- $1,795,000
- Income-Based Land
- $1,580,000
- Food Service
- $1,755,000
Location Insight
- Map
- Local Demand
- City
- Tallahassee
- County
- Leon
- State
- Florida
- Longitude
- -84.2774
- Latitude
- 30.4548
- CBSA code
- 45220
- CBSA name
- TALLAHASSEE, FL METROPOLITAN STATISTICAL AREA