Park on Park Office Complex
Office
for Sale
Catylist Listing ID: |
30680352 |
Property Subtypes: |
Business Park, Flex Space, Office Building
|
Building Size (RSF): |
29,700 SF
|
Gross Land Area: |
2.25 Acres
|
Sale Price: |
$2,850,000 |
Unit Price: |
$95.96 PSF |
Property Use Type: |
Investment |
Building Name: |
Park on Park Office Complex |
Class of Space: |
Class B |
Sale Terms: |
Undisclosed, Cash to Seller |
Cap Rate: |
Undisclosed |
Average Occupancy Rate: |
85 |
Last Updated: |
1/12/2021 |
Overview / Comments
This is a great East Park Ave location. The property offers a unique park like setting with ample front door parking. Located 1 mile from downtown Tallahassee. Ample nearby restaurants, hotels, shopping and parks.
87 on site parking spaces
Rents are below market; tremendous upside potential
|
Additional Details
Nearest MSA: |
Tallahassee |
County: |
Leon |
Taxing Authority: |
Leon County |
Tax ID/APN: |
1131202270000 |
Zoning: |
OFFICE RESIDENTIAL (OR-1) |
Property Located Between: |
Magnolia and Franklin Blvd |
Property Visibility: |
Excellent |
Airports: |
TlLH |
Site Description: |
Slopping from front to back. |
Area Description: |
Great area of Tallahassee, very nice mix of business and residential. |
Total Number of Buildings: |
8 |
Number of Stories: |
2 |
Year Renovated: |
2017 |
Exterior Description: |
Buildings vary |
Parking Type: |
Surface |
Parking Description: |
87 Existing, Parking Spaces |
Total Parking Spaces: |
87 |
Zoning Description: |
OR-1 - Office Residential 1 |
Water Service: |
Municipal |
Sewer Type: |
Municipal |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
7,618 |
100,881 |
177,960 |
Median Age: |
33.14 |
29.51 |
30.79 |
Households: |
4,277 |
41,413 |
74,096 |
© Copyright 2001-2020 Catylist. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Tallahassee Board of REALTORS nor
Catylist Real Estate Software, Inc. assume any liability for errors or omissions.
|