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    1989 Capital Cir Northeast Tallahassee, FL 32308

    For Sale
    $3,800,000

    18,027 SF retail center with 92% occupancy.

    Property size:
    18,027 SF

    Property Features for 1989 Capital Cir Northeast

    General Information

    Size
    18,027 SF

    Building Details

    Year built
    1997

    Source: Jim Taube, CCIM Agent Jim Taube, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Tallahassee Retail Investment Opportunity

    This 18,027 SF retail center in Tallahassee, FL, presents an investment opportunity with a 92% occupancy rate. The property is located in a high-traffic, high-visibility area of NE Tallahassee, offering prime exposure for retail investors. The location provides convenient access to dining, entertainment, and leisure options. The property is near HCA Florida Capital Hospital, the east side US Post Office, banks, new car dealers, and rental car companies. The property benefits from ample parking and has been meticulously maintained with strong historical performance. The surrounding area features a diverse range of retail establishments, restaurants, and consumer services.
    Location Intelligence

    Current Use by Public Records

    All Uniform Wear Uniform Store Wells Fargo Home ... Mortgage Lender Your Favorite Jeweler Jewelry Store JMC Mobility of Tallahassee Physical Therapy Clinic Raymond James Financial ... Financial Planner

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tallahassee
    County
    Leon
    State
    Florida
    Longitude
    -84.2358588
    Latitude
    30.4776598

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    FAQs

    What type of property is this?
    Strip mall - 18,027 SF retail center with 92% occupancy.
    Where is this strip mall located?
    The property is located at 1989 Capital Cir Northeast Tallahassee, FL.
    What is the asking price?
    The asking price for this property is $3,800,000.
    What are key features of this property?
    This property features: - High occupancy rate (92%) providing immediate income.; - Prime location in popular NE Tallahassee with high traffic and visibility.; - Strong historical performance as a retail/strip center.
    (850) 545-5649
    Request Owner's contact information
    1989 Capital Cir Northeast Tallahassee, FL 32308
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    Tallahassee, FL 32308
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1989 Capital Cir Northeast Tallahassee, FL 32308
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