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    Capital Cir Tallahassee, FL 32303

    For Sale
    $720,000

    1.69 Acres, Multi-Zoned, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional commercial property presents a rare opportunity in Tallahassee, Florida. Encompassing 1.69 acres, this offering comprises four contiguous parcels (lots 2, 3, 4, and 5) strategically located at the intersection of Capital Circle NW and Old Bainbridge Road. Boasting approximately 275 feet of frontage on Capital Circle NW and 250 feet on Old Bainbridge Road, this site offers unparalleled visibility and accessibility. The property is zoned Multi-Zoning, previously designated C-2 under the old comprehensive plan. Verification of the current zoning designation is underway with the county. The asking price for this prime commercial land is $720,000. The property's APN is 2431160000040+. This location provides excellent exposure to high traffic counts and is ideal for a variety of commercial uses. The potential for development is significant, given the size of the lot and its prime location. Additional adjacent parcels are also available, presenting opportunities for expansion or further investment. This is a unique chance to acquire a substantial commercial property in a thriving area of Tallahassee. Contact us today to learn more about this exceptional investment opportunity.

    Property Features for 0 Capital Cir

    General Information

    Property type
    Land
    Lot Size
    73,616 SF

    HighLights

    • $720,000 asking price.
    • Office and land property.
    • 1.69‑acre lot size.
    • Multi‑zoned property in Leon County, Florida.
    • Located on Capital Circle NW and Old Bainbridge Rd with significant frontage.
    • Four contiguous parcels included.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Tallahassee
    County
    Leon
    State
    Florida
    Longitude
    -84.3603387
    Latitude
    30.4696212

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    FAQs

    What type of property is this?
    Land - 1.69 Acres, Multi-Zoned, High Visibility
    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 $720,000.
    What are key features of this property?
    This property features: $720,000 asking price.; Office and land property.; 1.69-acre lot size.
    Request Owner's contact information
    Capital Cir Tallahassee, FL 32303
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    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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