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    Capital Cir Tallahassee, FL 32303

    For Sale
    $850,000

    6 Lots, High Visibility, Development Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional commercial land offering encompasses six contiguous parcels totaling 2.58 acres in Tallahassee, Florida. Strategically located on Capital Circle NW and Old Bainbridge Road, this property boasts approximately 275 feet of frontage on Capital Circle NW and approximately 530 feet on Old Bainbridge Road, ensuring high visibility and accessibility. The property is zoned C-2, a designation vested under the previous comprehensive plan

    Property Features for 0 Capital Cir

    General Information

    Property type
    Land
    Lot Size
    112,385 SF

    HighLights

    • Six contiguous parcels (lots 2, 3, 4, 5, 6, and 7) totaling 2.58 acres.
    • Approximately 275 feet of frontage on Capital Circle NW.
    • Approximately 530 feet of frontage on Old Bainbridge Road.
    • C‑2 zoning (vested under previous comprehensive plan; zoning letter pending).
    • Potential uses include industrial, office, retail, and self‑storage.
    • Option to purchase lots 2, 3, 4, and 5 for $720,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Tallahassee
    County
    Leon
    State
    Florida
    Longitude
    -84.363767764038
    Latitude
    30.523754932093

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    FAQs

    What type of property is this?
    Land - 6 Lots, High Visibility, Development Potential
    Where is this land located?
    The property is located at Capital Cir Tallahassee, FL.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: Six contiguous parcels (lots 2, 3, 4, 5, 6, and 7) totaling 2.58 acres.; Approximately 275 feet of frontage on Capital Circle NW.; Approximately 530 feet of frontage on Old Bainbridge Road.
    (850) 459-4585
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    Capital Cir Tallahassee, FL 32303
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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
    Capital Cir Tallahassee, FL 32303
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