Updated Freestanding Office
For Sale
Contact for pricing
2601 Capital Medical Blvd, Tallahassee, FL 32308
Flexible office layout with private offices, reception, conference, kitchen, storage, and dedicated executive accommodations.
Property Size2,000 SF
Price / SF$209.50
Days on Market119
Property Features for 2601 Capital Medical Blvd
General Information
Standard status
Active
Size
2,000 SF
Property subtype
OFFICE
Amenities
private offices
executive corner office with private bath and shower
reception area
conference room
restrooms
kitchen
storage room
auxiliary generator
outside deck with counter top & sink for barbeques & entertaining
Listing Agency:
NAI TALCOR | Tallahassee
(850) 545-5649
Listed By:
James 'Jim' Taube, CCIM · License #362753
(850) 545-5649
Source:
Moodyscre
Added: Apr 6
Changed: Jul 31
Last Checked: Aug 2 at 10:14AM
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 updated freestanding office building offers 2,000 square feet of professional workspace with 6 private offices, including an executive corner office with a separate entrance and private bath with shower. The layout also includes a reception area, conference room, 2 restrooms, kitchen, and storage room. Recent improvements include new carpet, paint, and lighting.
The property is located at 2601 Capital Medical Blvd in Tallahassee, across the street from HCA Capital Hospital. Additional features include a natural gas-powered auxiliary generator, ample parking, and an outside deck with countertop and sink for barbeques and entertaining.
The property is located at 2601 Capital Medical Blvd in Tallahassee, across the street from HCA Capital Hospital. Additional features include a natural gas-powered auxiliary generator, ample parking, and an outside deck with countertop and sink for barbeques and entertaining.
Key Highlights
- 2,000‑square‑foot freestanding office building
- 6 private offices, including an executive corner office with separate entrance and private bath with shower
- Reception area, conference room, 2 restrooms, kitchen, and storage room
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 authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,934
Businesses Nearby
Explore this area
Business Placement
Demographics for 32308, FL
23,355
Population
11,838
Households
2
Avg Household Size
43
Median Age
56%
College-Educated
97%
High-School Grad
15.8 sq mi
ZIP Area
1,478
Density / Sq Mi
$73,125
Median Household Income
$46,786
Median Earnings
$1,327
Median Rent
$291,800
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Flexible office layout with private offices, reception, conference, kitchen, storage, and dedicated executive accommodations.
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: 2,000‑square‑foot freestanding office building; 6 private offices, including an executive corner office with separate entrance and private bath with shower; Reception area, conference room, 2 restrooms, kitchen, and storage room
