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2016 N Point Blvd 5,656 SF Vacant Office Building Tallahassee, FL 32308 $695,000 ($122.88/SF)
Investment Highlights
- Prime NE Tallahassee location
- Adaptable and flexible multi-tenant floor plan
- Right off the highly visible and heavily trafficked Capital Circle NE commercial corridor
- Income producing investment; Ideal for office users or professional services
Executive Summary
Excellent investment or owner-user opportunity located on North Point Boulevard situated right off the highly visible and heavily trafficked Capital Circle NE commercial corridor. The building is approximately 5,656 SF and is comprised of four units. Each unit measures approximately 1,414 SF. The building’s flexible floor plan can be easily adapted to meet a variety of office/retail tenant needs. The layouts can be opened to create collaborative workspace or partitioned into private rooms/offices. The property is zoned CU-45 allowing for a multitude of commercial uses and offers excellent income producing potential. Great space for office users, such as consulting, accounting, law, and financial planning firms or boutique services/retailers, such as salons. The desirable NE location provides proximity to I-10 and downtown, offering convenience and strong leaseability. Nearby businesses include Trek Bicycle Tallahassee, A1 Granite, Mays- Munroe Inc., Esposito Garden Center, and Trail and Ski Sporting Goods, as well as local restaurant favorites; Bumpa’s Local 349 and Café de Martin.
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Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
5,656 SF
Building Class
B
Year Built
2000
Price
$695,000
Price Per SF
$122.88
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,656 SF
Building FAR
0.25
Lot Size
0.51 AC
Zoning
CP - CP- Commercial Parkway
Amenities
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Mays-Munroe
- -
- -
- -
- -
- On Site Therapy LLC
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Mays-Munroe | - | - | - | - | ||
| On Site Therapy LLC | - | - | - | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 11-16-16-000-005.0 | Improvements Assessment | $427,487 |
| Land Assessment | $161,059 | Total Assessment | $588,546 |
Property Taxes
Parcel Number
11-16-16-000-005.0
Land Assessment
$161,059
Improvements Assessment
$427,487
Total Assessment
$588,546
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2016 N Point Blvd
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