2732 Capital Cir NE, Tallahassee, FL 32308
3,200 SF professional office building suitable for medical or dental use.
- Added:
- Mar 23, 2026
- Days on Market:
- 57
- Last Refresh:
- Mar 23 at 8:22 pm
Property Features for 2732 Capital Cir NE
General Information
- Standard status
- Active
- Size
- 3,200 SF
- Property subtype
- Mixed Use, Office, Special Purpose
Building Details
- Year Built
- 1986
Listing agent John D. Stehmeyer License #Florida 3135041
Listing office Pro Players Realty USA
Listing date Mar 23, 2026
Source Crexi
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 Pro Players Realty USA
HighLights
- Ideal for Medical/Dental Practices: Easily adaptable single‑story layout with flexible floor plan and existing office configuration.
- High Traffic & Visibility: Located on Capital Circle NE with approximately 58,000 vehicles per day.
- Flexible Floor Plan: Can function as one large office, two separate suites, or three independent units.
- Strong Professional Corridor: Surrounded by healthcare providers, financial institutions, and professional services.
- Convenient Location: Easy access to established residential communities and major commercial anchors.
- Investment Potential: Opportunity for healthcare professionals or investors seeking multi‑tenant occupancy.
Overview
Financial Insights
Value Estimation Calculated for Office B
NOI & Cap Rate Calculator
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.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $67.2k | $21.00 |
| − Vacancy | −$14.8k | −$4.62 |
| EGI | $52.4k | $16.38 |
| − OpEx | −$13.1k | −$4.10 |
| NOI | $39.3k | $12.29 |
Alternative Use Scenarios
Current Use by Public Records
Similar Places Nearby
- Northeast Animal Hospital — 1407 Timberlane Rd, Tallahassee, FL 32312
- Tallahassee Regional Animal Hospital — 2205 Danshire Dr, Tallahassee, FL 32308
- Banfield Pet Hospital — 3220 capital cir ne, tallahassee, fl 32308
- Pitts Carl H DVM — 1407 Timberlane Rd, Tallahassee, FL 32312
- Gelhardt Stefanie DVM — 1407 Timberlane Rd, Tallahassee, FL 32312
Location Insight
- Map
- Local Demand
- City
- Tallahassee
- County
- Leon
- State
- Florida
- Longitude
- -84.2409426
- Latitude
- 30.4881148