1949 Commonwealth Ln - Office FOR SALE


Tallahassee, FL 32303- Northwest Tallahassee
$795,000 USD
850-386-6160
1949 Commonwealth Ln, Tallahassee, FL for Sale
$795,000 USD
Office - FOR SALE
1/15
null | Request Cap Rate

1949 Commonwealth Ln
Tallahassee, FL 32303
Northwest Tallahassee


HIGHLIGHTS

  • Single-Tenant Office Investment with long-term lease in place

OVERVIEW

Single-Tenant Office Investment with long-term lease in place This 7,000 SF one-story office building, built in 1999, is leased to Leon Advocacy & Resource Center (LARC), a respected 501(c)(3) nonprofit organization that has served individuals with disabilities for more than 50 years. LARC has occupied the property since 2008, providing long-term tenancy, and the building features a new roof installed in 2025. The property is located within Commonwealth Office Park in Northwest Tallahassee, near Interstate 10 and Capital Circle NW, offering convenient regional access in a well-established office corridor. The site is zoned PUD (Planned Unit Development) and includes surface parking, with Parcel ID #2120320000170.

FOR SALE DETAILS

PRICE

$795,000 USD

PRICE/SF

$114 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Single-Tenant Office Investment!

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

38

LAND DETAILS

LAND ACRES

1.41 AC

LAND SF

61,420 SF

ZONING

PUD

APN/PARCEL ID

21-20-32-000-017.0

ASK ABOUT THIS PROPERTY

Steven AllenColdwell Banker HartungMore Info
850-386-6160

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Steven AllenColdwell Banker HartungMore Info
850-386-6160

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.