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Mixed-Use Land for Sale in Tallahassee, Florida

1740 & 1742 Thomasville Rd, Tallahassee, FL 32312

$248,000
0.02 acres
Active
ago
Est $1,896/mo

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.

Location

Street address
1740 & 1742 Thomasville Rd
Community
Duval Plaza
Elevation
149 feet
Coordinates
30.4633, -84.2726

Property details

Lot size
0.02 acres871 sq ft
MLS #
TBR 396874
Posted

Property taxes

Recent
$2,696

Details and features

Listing

Type
Residential
Subtype
Office
Unit Count
2
Franchise
Keller Williams Realty

Structure

Water
Public
Heating
Central
Cooling
Central Air
Materials
Block, Brick, Concrete

Listing history

DateEventPriceChangeSource
Mar 4, 2026New listing$248,000TBR
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This 0.02-acre property is located at 1740 & 1742 Thomasville Rd in Tallahassee, FL 32312. The property is available for sale for $248,000.

Checked 2 hours ago — Updated

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