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1974 Commonwealth Ln 9,450 SF Office Building Tallahassee, FL 32303 $675,000 ($71.43/SF)
INVESTMENT HIGHLIGHTS
- Affordable Price
- Fully Functional Elevator
- Near I-10 and Capital Circle NW
- Half Acre lot next door also Available for Sale
EXECUTIVE SUMMARY
Introducing 1974 Commonwealth Ln, an affordable commercial property in Tallahassee, FL, available for sale. This Attractively priced space boasts nearly 10,000 square feet of versatile floor area, ideal for retail, office, or mixed-use purposes. Its high visibility and ample parking present an attractive opportunity for businesses seeking a prominent location that overlooks I-10. With convenient access to major thoroughfares such as Capital Circle NW and I-10, this property offers the perfect blend of accessibility and visibility. Also available is the nearly 1/2 acre parcel next door for an additional $75,000 which could increase the total footprint to over an acre in size.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
9,450 SF
Building Class
B
Year Built/Renovated
1998/2015
Price
$675,000
Price Per SF
$71.43
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,725 SF
Slab To Slab
12’
Building FAR
0.33
Lot Size
0.66 AC
Zoning
PUD - Planned unit development
Parking
33 Spaces (3.49 Spaces per 1,000 SF Leased)
AMENITIES
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 21-20-32-000-010.0 | Improvements Assessment | $512,993 (2024) |
| Land Assessment | $42,980 (2024) | Total Assessment | $555,973 (2024) |
PROPERTY TAXES
Parcel Number
21-20-32-000-010.0
Land Assessment
$42,980 (2024)
Improvements Assessment
$512,993 (2024)
Total Assessment
$555,973 (2024)
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1974 Commonwealth Ln
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