Office Space / Florida / Tallahassee / 32301 / 1203 Governors Square Boulevard

1203 Governors Square Boulevard

Q: What is the asking price for 1203 Governors Square Boulevard in Tallahassee?

The asking price for 1203 Governors Square Boulevard is $3,500,000

Q: What is the building size of this Office property in Tallahassee, FL?

The size of the building/unit at 1203 Governors Square Boulevard in Tallahassee is 56,388 square feet.

Q: How much land does the Tallahassee, FL property at 1203 Governors Square Boulevard include?

1203 Governors Square Boulevard in Tallahassee includes 2.560 acres of land.

Q: What kind of Office is the propery at 1203 Governors Square Boulevard?

The property at 1203 Governors Square Boulevard Tallahassee, FL 32301 is listed as a Professional Office property.

Q: What is the population within 1 mile of 1203 Governors Square Boulevard?

The population within 1 mile of 1203 Governors Square Boulevard Tallahassee, FL 32301 is 6,286 people.

Q: Who do I contact for questions about 1203 Governors Square Boulevard?

You should contact the listing agent, Will Harding, for any details regarding this commercial listing.

Tallahassee, FL 32301

No Longer Listed

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Price

$ /mo

Property Highlights

Strong Cashflow In Place

Rare Six-Story Office Property With View Of State Capitol

Significant Value-Add Opportunity

Amenity-Rich Neighborhood

Income Tax-Free State

Description

Magnolia Centre I is a rare six-story office building in the Southeast Tallahassee Submarket with significant value-add opportunity. Tallahassee has a path of growth on the East side of town, and significant shifts in the market have just paved the way for redevelopment along the Apalachee Pkwy corridor.
Tallahassee is a permanent office market in the state of Florida, with a stabilized local economy based on Government and Healthcare services. The Panhandle of Florida will see increased growth over the next few years as more people moving into the state explore tertiary metro areas.
Tallahassee is building a local technology sector as the university-educated locals start and grow companies locally. The office market is competitive, but the natural demand for space will not dissipate in the foreseeable future.

Listing Demographics for 1203 Governors Square Boulevard Tallahassee, FL 32301

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		6,286	85,465	165,756
Population Median Age		39	33	33
Population by Age	0-9 Yrs	434 (6%)	7237 (8%)	15080 (9%)
	10-19 Yrs	659 (10%)	14627 (17%)	23957 (14%)
	20-29 Yrs	1653 (26%)	26973 (31%)	55114 (33%)
	30-39 Yrs	826 (13%)	10425 (12%)	19857 (11%)
	40-49 Yrs	690 (10%)	7258 (8%)	13862 (8%)
	50-59 Yrs	615 (9%)	7064 (8%)	13610 (8%)
	60-69 Yrs	830 (13%)	6425 (7%)	13003 (7%)
	70+ Yrs	580 (9%)	5456 (6%)	11273 (6%)

Median HH Income		$48,958	$42,621	$42,311
Total Household Income	< 24K	741 (23%)	10270 (30%)	20243 (30%)
	25-49K	877 (27%)	8670 (25%)	17747 (26%)
	50-74K	651 (20%)	6762 (19%)	11979 (17%)
	75-99K	303 (9%)	2828 (8%)	6495 (9%)
	100-199K	467 (14%)	4116 (12%)	7659 (11%)
	200K+	124 (3%)	1164 (3%)	2445 (3%)

Highest Education Level	No Diploma	189	3234	6656
	Diploma or GED	477	8330	16731
	Some College	792	9243	17540
	Assoc. Degree	383	3954	8089
	Bachelors Degree	1255	10948	21482
	Higher Degree	1189	9526	18158

Total Housing Units		3,762	40,345	78,277
--Owner-Occupied		1,248	11,054	24,097
--Renter-Occupied		1,916	22,757	42,470
Owner-Occupied Values	< 100K	78	1718	4376
	100-199K	499	4753	10003
	200-299K	388	2692	5495
	300-399K	205	1021	2276
	400-499K	33	428	842
	500K+	46	443	1104

Total Working Age Population		5,497	74,398	142,693
In Work Force		3,958	47,390	93,330
Not In Work Force		1,538	27,008	49,363
Workforce Employed		3,739	42,766	85,329
Workforce Unemployed		220	4,610	7,867
Civlian Workforce		3,958	47,375	93,196
Military Workforce		0	15	134

Total Households		3,164	33,811	66,567
Family Households		1,267	13,794	28,395
Non-Family Households		1,896	20,017	38,172
Married Couple		883	7,973	16,605
Other Family		385	5,821	11,790
Married w/Child		254	2,853	5,865
Single Male w/Child		55	584	1,181
Single Female w/Child		136	2,327	5,090

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Florida	15,982,378	+18	18,801,310	+14	21,517,610	+13	24,340,457
Gadsden County	45,087	+3	46,389	+4	48,135	+1	48,534
Leon County	239,452	+15	275,487	+8	298,313	+8	322,788

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

Total Working Age Population:

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 1203 Governors Square Boulevard in Tallahassee?

The asking price for 1203 Governors Square Boulevard is $3,500,000

What is the building size of this Office property in Tallahassee, FL?

The size of the building/unit at 1203 Governors Square Boulevard in Tallahassee is 56,388 square feet

How much land does the Tallahassee, FL property at 1203 Governors Square Boulevard include?

1203 Governors Square Boulevard in Tallahassee includes 2.560 acres of land

What kind of Office is the propery at 1203 Governors Square Boulevard?

The property at 1203 Governors Square Boulevard Tallahassee, FL 32301 is listed as a Professional Office property

What is the population within 1 mile of 1203 Governors Square Boulevard in Tallahassee?

The population within 1 mile of 1203 Governors Square Boulevard Tallahassee, FL 32301 is 6,286 people.

Who do I contact for questions about 1203 Governors Square Boulevard?

You should contact the listing agent, Will Harding, for any details regarding this commercial listing.

Other Listings for Sale Nearby

Address	Price	Sq Ft	Acres
126 Salem Court, Tallahassee, FL	$499,000	5135	0.21
336 East College Avenue, Tallahassee, FL	$1,500,000	14607	0.12
1713 Mahan Drive, Tallahassee, FL	$1,095,000	16197	1.32
410 North Gadsden Street, Tallahassee, FL	$444,000	2954	0.34
318 North Calhoun Street, Tallahassee, FL	CALL	5209	0.26
515 North Adams Street, Tallahassee, FL	$725,000	4800	0.31
326 Williams Street, Tallahassee, FL	$690,000	2020	0.31
1317 Winewood Boulevard, Tallahassee, FL	CALL	350000	21.93
902 North Duval Street, Tallahassee, FL	$495,000	1954	0.49
2458 Mahan Drive, Tallahassee, FL	$299,900	9000	0.2

Closest Commercial Airports

Airport	Distance (mi)
Tallahassee Regional Airport (TLH)	6
Destin-Ft Walton Beach Airport (VPS)	135
Jacksonville International Airport (JAX)	153