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Property profile & analytics
OFF-MARKET
Land

2314 Capital Cir Tallahassee, FL 32308

121,000 SF
Property ID
Property summary
AI-generated overview

This exceptional 121,000 square foot self-storage development opportunity in Tallahassee, Florida, is offered at $3,475,000 ($28.72/SF). Located at 2314 Capital Cir NE, this permit-approved, pad-ready site boasts a four-story design and is situated in a high-traffic commercial corridor with over 60,000 vehicles passing daily. All concurrency, traffic, and impact fees are paid, eliminating significant upfront costs. The property includes existing site work, utilities, landscaped parking, and curbs. It's fully entitled, incorporating offset green space and meeting all stormwater requirements. The site benefits from its prime location near a Publix, Walmart, Circle K, Chick-fil-A, Chipotle, Trader Joe's, and other established businesses. Furthermore, its proximity to an I-10 interchange and the Canopy community enhances its accessibility and desirability. The location is within a rapidly growing area, with over 15,000 residential units entitled within a two-mile radius. Additional committed tenants to the plaza include Dunkin' Donuts, Smoothie King, HTeaO, and Avis. The site is zoned CP and is currently for sale by owner. The property is slab-ready and could potentially be divided into two smaller pads. A bonded general contractor contract is available for review.

Property profile
Verified
Property type Land
Total area 121,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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