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: |
5/24/2021 |
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 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Tallahassee Board of REALTORS nor
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