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N Monroe St Investment Property 4030 N Monroe St 14,500 SF Flex Building Tallahassee, FL 32303 $1,595,000 ($110/SF) 7.84% Cap Rate
Executive Summary
Class A Office/Warehouse Building on N Monroe St (US 27). First floor is comprised of 14 offices, 2 break areas, 4200 square feet of conditioned warehouse space, 3200 squre feet of open fabrication space. Upstairs features 3400 square feet of open storage and a 1500 square foot well appointed apartment..Well built, in excellent condition. 208/120 and 408/277 3 phase electrical panels. Traffic count 30,000 vpd
Credit Tenant is in place through June 2026. Ideal for e commerce, distribution, light manufacturing or fabrication.
Credit Tenant is in place through June 2026. Ideal for e commerce, distribution, light manufacturing or fabrication.
Property Facts
| Price | $1,595,000 | Lot Size | 1.85 AC |
| Price Per SF | $110 | Rentable Building Area | 14,500 SF |
| Sale Type | Investment | No. Stories | 2 |
| Cap Rate | 7.84% | Year Built | 2005 |
| Property Type | Flex | Tenancy | Single |
| Property Subtype | Light Distribution | Parking Ratio | 2.21/1,000 SF |
| Building Class | B | ||
| Zoning | C-2 - C-2 Zoning. Flexible commercial zoning. | ||
| Price | $1,595,000 |
| Price Per SF | $110 |
| Sale Type | Investment |
| Cap Rate | 7.84% |
| Property Type | Flex |
| Property Subtype | Light Distribution |
| Building Class | B |
| Lot Size | 1.85 AC |
| Rentable Building Area | 14,500 SF |
| No. Stories | 2 |
| Year Built | 2005 |
| Tenancy | Single |
| Parking Ratio | 2.21/1,000 SF |
| Zoning | C-2 - C-2 Zoning. Flexible commercial zoning. |
Amenities
- 24 Hour Access
- Front Loading
- Security System
- Skylights
- Storage Space
- Air Conditioning
Utilities
- Lighting - Fluorescent
- Gas - Natural
- Water - County
- Sewer - County
- Heating - Electric
Property Taxes
| Parcel Number | 21-04-51-000-006.0 | Improvements Assessment | $741,561 |
| Land Assessment | $148,156 | Total Assessment | $889,717 |
Property Taxes
Parcel Number
21-04-51-000-006.0
Land Assessment
$148,156
Improvements Assessment
$741,561
Total Assessment
$889,717
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N Monroe St Investment Property | 4030 N Monroe St
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