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Property profile & analytics
FOR SALE
Office buildings

119 S Monroe St Tallahassee, FL 32301

569 SF 0.6 ac lot Built 2006
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US18-5949460
Property summary
AI-generated overview

The Alliance Center offers a prime opportunity to lease 13,075 square feet of exceptional office space in the heart of downtown Tallahassee, Florida. This five-story mixed-use building boasts high-quality finishes throughout and is ideally situated at 119 S Monroe St, 32301, in Leon County. The available space is spread across the 3rd and 4th floors and can be leased separately, providing flexibility for businesses of varying sizes. The Alliance Center is part of a larger development encompassing over 76,000 square feet of retail, office, and condo space, ensuring a vibrant and bustling environment. A beautiful first-floor corporate lobby/reception area provides a welcoming atmosphere for clients and employees. Convenient on-site parking is available in a dedicated garage. The building benefits from a high-traffic location, with an average daily traffic count exceeding 27,500 vehicles. Multiple meeting and conference spaces are also available within the building, catering to the needs of collaborative work environments. This is an exceptional opportunity to establish a presence in a thriving downtown location with excellent amenities and high visibility.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2006
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 569 SF
Lot 0.6 ac (26,136 SF)
APN 21-36-41-000-000-1
UPID US18-5949460
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Metz Husband & Daughton, P.A. Law Firm
  • Egg Donation Florida Medical Clinic
  • Southern Shakespeare Company Theater & Performing Art Venue
  • Prescott R David Law Firm
  • Menton J Stephen Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Dana Baus INC · 5 yrs held
Dana Baus INC
since 2021
Last sale
$180,000
7 recorded transactions
2021
$180,000
2020
$9.4M
2017
$425,000
2016
$1.3M
2012
$90,000
2007
Price N/A
2007
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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