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    854 Capital Cir Tallahassee, FL 32305

    For Lease
    $11 SF/Yr

    15,000 SF Warehouse, Prime Location

    Lot size:
    83,466 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 15,000-square-foot warehouse space, part of a larger 83,466-square-foot multi-tenant industrial building, is available for lease beginning December 2024. Located at 854 Capital Circle Southwest in Tallahassee, Florida (zip code 32305), this property boasts a prime location with excellent visibility and accessibility. The building, constructed in 1974, sits on a spacious 10.56-acre lot and is zoned M-1 Light Industrial. The warehouse features ceiling heights ranging from 18 to 24 feet, providing ample vertical space for storage and operations. Three-phase power is readily available. The property benefits from its position along a recently renovated and widened Capital Circle Southwest, experiencing an average daily traffic count of 26,000 vehicles. Its strategic location offers convenient access to key transportation arteries, including proximity to Tallahassee International Airport (4.3 miles north), Interstate 10 (2.5 miles south), and downtown Tallahassee (6.2 miles west). This presents a significant opportunity for businesses seeking a well-situated, functional warehouse space in a thriving area. The property is ideal for distribution and warehouse operations.

    Property Features for 854 Capital Cir

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    83,466 SF
    Total Rate
    76510.5

    Building Details

    Year Built
    1974

    Unit(s) available at that property

    Space
    Unit 1
    Size
    15,000 SF
    Rate per SF
    $11

    HighLights

    • High‑traffic location with excellent street visibility.
    • 26,000 average annual daily traffic count.
    • Fenced yard is a feasible option.
    • Three‑phase power available.
    • 24‑foot clear ceiling height.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Hair Salon Wholesale Shop Auto Repair Shop Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tallahassee
    County
    Leon
    State
    Florida
    Longitude
    -84.2910759
    Latitude
    30.3344712

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    FAQs

    What type of property is this?
    Distribution property - 15,000 SF Warehouse, Prime Location
    Where is this distribution property located?
    The property is located at 854 Capital Cir Tallahassee, FL.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: High-traffic location with excellent street visibility.; 26,000 average annual daily traffic count.; Fenced yard is a feasible option.
    Request Owner's contact information
    854 Capital Cir Tallahassee, FL 32305
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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
    854 Capital Cir Tallahassee, FL 32305
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