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East Capital Cir Tallahassee, FL 32308

OFF-MARKET Retail properties & Spaces Google Maps
9,000 SF 3.18 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Total area 9,000 SF
Lot 3.18 ac (138,521 SF)

Cap rate & NOI

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

Value estimations

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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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