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Property profile & analytics

2314 Capital Cir Tallahassee, FL 32308

  • Land
  • 121,000 SF
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Land

Property Details for 2314 Capital Cir

Property size
121,000 SF
Property type
Land
Property subtype
Self storage facilities

Description

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.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Tallahassee
County
Leon
State
Florida
Longitude
-84.2373
Latitude
30.4822
More about this property
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