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    720 Capital Cir Tallahassee, FL 32301

    Sponsored
    For Lease
    $16 SF/Yr ($12,693 /Mo)

    Prime Retail Space, High Traffic Area

    Lot size:
    9,520 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity is located within the vibrant Crescent Park plaza, situated on Capital Circle NE in Leon County, Florida. The property boasts a total building size of 9,520 square feet, with 1,400 square feet currently available for lease. The single-story building was constructed in 1988 and sits on a generous 1.86-acre lot (APN: 11-33-20-005-0000). The property is zoned CP, offering flexibility for a variety of retail uses. Benefit from the high visibility and significant foot traffic of this prime location, with an average daily traffic count exceeding 43,000 vehicles. The property enjoys a strong tenant mix, including established businesses such as Lucky Goat Coffee, Ology Brewing, Gaines Street Pies, and Capital Lanes Bowling Center. Its central location on Capital Circle NE, just north of Park Avenue, provides easy access and high visibility. The property is conveniently located less than two miles from Apalachee Parkway, ensuring excellent connectivity throughout the region. This is an ideal opportunity for a business seeking high visibility and a strong location within a thriving retail center. The available 1,400 square feet offers a blank canvas for a variety of retail concepts. The property's size and location make it an attractive investment for businesses looking to establish a presence in a high-traffic area with strong neighboring businesses.

    Property Features for 720 Capital Cir

    General Information

    Property type
    Shopping centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,520 SF
    Total Rate
    12693.33

    Building Details

    Year Built
    1988
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    1,400 SF
    Rate per SF
    $16

    HighLights

    • 9,520 SF retail building on 1.86 acres in Leon County.
    • Single‑tenant, 1,400 SF vacant retail space available.
    • Located in Crescent Park plaza on Capital Circle NE with high traffic counts (over 43,000 ADT).
    • Excellent location near other popular businesses including Lucky Goat Coffee, Ology Brewing, and Gaines Street Pies.
    • Built in 1988, one‑story building with CP zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Logans Martial Arts ... Martial Arts School Cover Time Upholstery ... Auto Upholsterer Freedom Road Christian ... Church After Hours Dentists Emergency Dental Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    -84.2270974
    Latitude
    30.4464007

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    FAQs

    What type of property is this?
    Shopping center - Prime Retail Space, High Traffic Area
    Where is this shopping center located?
    The property is located at 720 Capital Cir Tallahassee, FL.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: 9,520 SF retail building on 1.86 acres in Leon County.; Single-tenant, 1,400 SF vacant retail space available.; Located in Crescent Park plaza on Capital Circle NE with high traffic counts (over 43,000 ADT).
    Request Owner's contact information
    720 Capital Cir 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
    720 Capital Cir Tallahassee, FL 32301
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