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1740 & 1742 Thomasville Road Tallahassee, FL $ 248,000
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1740 & 1742 Thomasville Road
$ 248,000
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1740 & 1742 Thomasville Road

Tallahassee, FL, 32312
$ 248,000
Bedrooms-- Baths-- Sq 1,230

Monthly Estimate*

$ 1,527

​

Commercial Property for sale in Tallahassee, FL

for $248,000. This 1,230 square foot building was built on a lot size of 0.02.

Income-producing office investment with strong in-place tenancy. Units 1740 and 1742 Thomasville Road are leased with reliable tenants currently in month 3 of a 48-month lease, providing immediate and stable cash flow. Cap rate begins in the 7.7% range in year one, increasing to nearly 8.5% by year four. Recent improvements include a newer roof and HVAC, while the tenant covers utilities and interior repairs/maintenance, keeping owner expenses low. A solid opportunity for investors seeking stable returns with built-in income growth.

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Commercial Active

Price

$ 248,000

Property Type

Commercial

Taxes

$ 2,696

Style

Office

Lot Size

0.02

Town/City

Tallahassee

County/Region

Leon

MLS | Web ID

396874
Features
General
Heating Central
Cooling CentralAir
Utilities CableAvailable ElectricityAvailable PhoneAvailable SewerAvailable WaterAvailable
Construction Materials Brick Block Concrete
Property Subtype Office
Current Use Office
Business Type ProfessionalService
County Leon
Net Operating Income 18527.0
Insurance Expense 2500.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
MaintenanceExpense 1440.0
Subdivision Name Duval Plaza
Garage Y/N N
Building Features PrivateRestrooms
Status Active
Directions Thomasville Rd - Duval Plaza
City Tallahassee
Senior Community Y/N N
Number Of Units Total 2
MLS Area Leon
Carport Y/N N
Listing Terms Cash Conventional
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 2696.0
Home Warranty Y/N N
Ok to Lease FourYears
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type CallAgent
Property Sub Type Additional Office
Cap Rate 8.0
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Exterior
Parking Features Common Paved Public
Water Source Public
Spa N
Building Area Total 1230.0
Lot Size Acres 0.02
Private Pool N
Waterfront Y/N N
Road Frontage Type StateRoad
Crops Included Y/N N
Road Responsibility PublicMaintainedRoad
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N N
Fireplace Y/N N
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Internal Only
Street Number 1 1740
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* Excluded Features
List By
Keller Williams Town & Country

Broker

Affordability Calculator

$1,752
Per Month
87%
13%
0%
Monthly Principal & Interest
$1,527
Monthly Property Taxes
$225
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3571063 Elementary School
3570942 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/4/2026$248,000 Listed Price

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1740 & 1742 Thomasville Road, Tallahassee, FL, 32312 is a Commercial Property for sale at $248,000 with 1,230 sqft and a lot size of 0.02. The property's zip code is 32312 which is in Tallahassee, FL

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