Financial
Distress signals
Property profile

1211 Governors Sq Blvd Tallahassee, FL 32301

OFF-MARKET
Office buildings
Property ID
US18-5009281
48,236 SF 1.71 ac lot Built 1989
Last sale Nov 2025 · $1,525,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Magnolia Centre II is a 45,298-square-foot office building constructed in 1989 on approximately 1.71 acres, configured to accommodate multiple office tenants serving the Tallahassee market. The property is located at 1211 Governors Square Boulevard in Southeast Tallahassee and is positioned with direct views of the Florida State Capitol. The site sits near Governors Square Mall and Magnolia Grove within walking distance, and Apalachee Parkway lies a few hundred feet to the south, providing a

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$35k
Tax billed · 2023
Assessed value$1.79M
Assessed land$335k
Assessed improvement$1.45M
Effective rate1.93%

Value estimate

· Sep 2026
$900k
$810k – $990k
Submarket $/SF estimate$2.85M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$186/SF
ZIP average, outlier-cleaned · 92 recorded sales of this use type
Observed band · Q1–Q3$120 – $316

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLEON

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply21.6
Auto Repair Shop19.0
Wholesale Shop18.8

Location

1211 Governors Sq Blvd Tallahassee, FL 32301-2993
County assessor Recorded deeds · 12 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1407 Call, Tallahassee, FL 32301-2805 $234,800 May 2025 4,060 SF
318 Monroe, Tallahassee, FL 32301-7622 $1,650,000 Feb 2025 9,573 SF
115 Georgia, Tallahassee, FL 32301-1105 $1,550,000 Dec 2024 19,445 SF
515 Adams, Tallahassee, FL 32301-1111 $730,000 Aug 2024 4,796 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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