1320 Capital Cir Tallahassee, FL 32310
- Manufacturing properties
- 12,000 SF
- 22.75 lot acres
Current Use by Public Records
- Woolington Restaurant Equipment Company LLC. / Restaurant Supply Store / Commercial Refrigerator Supplier
Property Details for 1320 Capital Cir
- Year built
- 1977
- Construction
- FRAME
- Lot size
- 22.75 lot acres
- Property size
- 12,000 SF
- Property type
- Manufacturing properties
- APN
- 41-05-20-202-000-0
- APU
- 4105202020000
Description
This 1.55-acre commercial land parcel in Tallahassee, Florida, is being offered at an absolute $1 auction, with no reserve, from December 9-11, 2024. Located adjacent to 1320 Capital Circle SW, this fee-simple property boasts a daily traffic count of approximately 23,254 vehicles. Its strategic location provides easy access to I-10 (3 miles), Florida State University (4 miles), and the State Capitol (5.5 miles). The property is zoned OA-1, Airport Vicinity, allowing for flexible uses including retail, office, and self-storage. This presents a unique development opportunity in a thriving area with strong demographics. Within a 3-mile radius, the population is approximately 42,450, projected to grow by 4.14% over the next five years. The property's proximity to major national retailers like Walmart, Home Depot, and Lowe's further enhances its appeal. This is a rare chance to acquire a significant commercial property in a rapidly growing market at an exceptional price. The property is two miles north of Tallahassee International Airport.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Tallahassee
- County
- Leon
- State
- Florida
- Longitude
- -84.3552
- Latitude
- 30.4293
- CBSA code
- 45220
- CBSA name
- TALLAHASSEE, FL METROPOLITAN STATISTICAL AREA
