Free-Standing Office
2601 Capital Medical Blvd Tallahassee, FL 32308
2601 Capital Medical Blvd, Tallahassee, FL, 32308
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For Sale
Contact for pricing
Updated office building with private offices, reception, conference room, kitchen, restrooms, and an outdoor deck with sink.
Property Size2,000 SF
Price / SF$209.50
Days on Market108
Property Features for 2601 Capital Medical Blvd
General Information
- Standard status
- Active
- Size
- 2,000 SF
- Property subtype
- Office
Building Details
- Year Built
- 1982
Listing agency
NAI TALCOR - Tallahassee
(850) 509-5242
Listed by
Jim Taube, CCIM · License #FL 672081
Source
Crexi
Added: Apr 6 Updated: Jul 21 at 12:08AM Checked: Jul 21 at 12:08AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI TALCOR - Tallahassee
Investment Insights
Based on property information with market context.
This tastefully updated free-standing office building is configured with six private offices, including one executive corner office that features a separate entrance and a private bath with a shower. The interior layout also includes a roomy reception area, a conference room, two restrooms, a kitchen, and a storage room. The building is equipped with a natural gas powered auxiliary generator and includes an outdoor deck with a countertop and sink.
The property is located across the street from HCA Capital Hospital.
With its self-contained office layout and dedicated executive suite option, the building is well suited for a professional office user seeking private offices and shared common space within a single structure.
The property is located across the street from HCA Capital Hospital.
With its self-contained office layout and dedicated executive suite option, the building is well suited for a professional office user seeking private offices and shared common space within a single structure.
Key Highlights
- Free‑standing office building built in 1982, updated with private office layout
- 6 private offices including a corner executive office with separate entrance and private bath with shower
- Includes roomy reception area, conference room, and 2 restrooms
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $42.0k | $21.00 |
| − Vacancy | −$9.2k | −$4.62 |
| EGI | $32.8k | $16.38 |
| − OpEx | −$8.2k | −$4.10 |
| NOI | $24.6k | $12.29 |
2,000 SF · lease $21.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$351.0K
$307.1K – $409.5K
NOI $24,570 @ 7.0% cap · market cap 5.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$490.3K
$429.0K – $572.0K
NOI $34,322 @ 7.0% cap · market cap 8.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Mandracchia Philip DDS
Dental Office
Flood Service Corp
Consultant
Stanley Parsons Insurance ...
Financial Advisor
Dr. Miguel Montilla
Dental Office
IMS Business, LC
Accounting Firm
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FAQs
What type of property is this?
Office building - Updated office building with private offices, reception, conference room, kitchen, restrooms, and an outdoor deck with sink.
Where is this office building located?
The property is located at 2601 Capital Medical Blvd Tallahassee, FL.
What is the asking price?
The asking price for this property is $419,000.
What are key features of this property?
This property features: Free‑standing office building built in 1982, updated with private office layout; 6 private offices including a corner executive office with separate entrance and private bath with shower; Includes roomy reception area, conference room, and 2 restrooms
