East Capital Cir, Tallahassee, FL 32308
This exceptional 3.18-acre commercial development site, located on Capital Circle Northeast in Tallahassee, Florida (APN: 11-16-20-620-000), presents a rare opportunity for investors and developers. The property boasts two buildable pads, each approximately 6,000 square feet, ideal for retail or restaurant establishments. The site is master-planned for optimal functionality and includes existing infrastructure to streamline development. This includes approximately 220 parking spaces, completed stormwater management, curbing, and parking lot paving. Utilities are conveniently stubbed to the pad sites, minimizing construction time and costs. A significant advantage is the inclusion of climate-controlled storage located at the rear of the property. Furthermore, a planned 30,000 square foot retail building on the north portion of the site will enhance the overall appeal and foot traffic of the development. The pads are offered for sale individually, providing flexibility for various development scenarios, or they can be combined for a larger-scale project. The total site encompasses 9,000 square feet of buildable area, making it an attractive investment in a thriving Tallahassee location with zip code 32308. This property is situated in Leon County, Florida.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.