Property profile

0 Capital Cir Tallahassee, FL 32303

OFF-MARKET
Office Spaces
1.69 ac lot
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Property summary

AI-generated overview

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 profile

Verified
Property type Office Spaces
Lot 1.69 ac (73,616 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Capital Cir Tallahassee, FL 32303
Tallahassee metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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