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    502 Capital Cir Southeast Suite C & D1 Tallahassee, FL 32301

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    For Sale
    $800,000

    9,040 SF office building in Tallahassee, Florida for sale.

    Property size:
    9,040 SF

    Property Features for 502 Capital Cir Southeast Suite C & D1

    General Information

    Size
    9,040 SF

    Building Details

    Year built
    1992

    Source: John W. McNeill, SIOR Agent John W. McNeill, SIOR

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

    Overview

    Tallahassee Office Building For Sale

    Located in Tallahassee, Florida, 502 Capital Circle Southeast offers a 9,040 square-foot building divided into three units. Constructed in 1992, the property is zoned CP - Commercial Parkway. Situated in the Capital Circle Commerce Center, just south of Park Avenue on Capital Circle Southeast, the building provides immediate access to one of Tallahassee's main thoroughfares: Capital Circle. The property is currently 57.96% occupied, presenting a value-add opportunity for an owner-user or investor. The property is priced at a fraction of replacement cost.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Capitol Expo Services Event Planner Tallahassee Group Trial Attorney Tadlock Roofing Roofing Contractor Hawx Pest Control Pest Control Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    -84.2276478
    Latitude
    30.4387781

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    FAQs

    What type of property is this?
    Office building - 9,040 SF office building in Tallahassee, Florida for sale.
    Where is this office building located?
    The property is located at 502 Capital Cir Southeast Suite C & D1 Tallahassee, FL.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: - Priced at a fraction of replacement cost.; - 9,040 SF building with 3 units.; - Value-add opportunity for owner-user or investor.
    (850) 251-5504
    Request Owner's contact information
    502 Capital Cir Southeast Suite C & D1 Tallahassee, FL 32301
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    Tallahassee, FL 32301
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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
    502 Capital Cir Southeast Suite C & D1 Tallahassee, FL 32301
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