Financial
Distress signals
Property profile

1704 Capital Cir NE Tallahassee, FL 32308

FOR LEASE
Community centers
Property ID
US18-3731675
7,500 SF 1.42 ac lot Built 1979
Last sale Nov 2022 · $5,250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property consists of a retail space within a larger retail center, totaling approximately 6,750 square feet of retail area, located on Capital Circle Northeast just north of Mahan Drive at the lighted intersection with Easter Stanley Court. The overall retail center building area is approximately 18,000 square feet.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$63k
Tax billed · 2023
Assessed value$3.25M
Assessed land$598k
Assessed improvement$2.65M
Effective rate1.93%

Value estimate

· Sep 2026
$5.24M
$4.72M – $5.76M
AI approach$5.40M
Submarket $/SF estimate$3.93M
NOI build-up
Gross scheduled income$101k
Vacancy & credit loss−$8k
Operating expenses−$28k
NOI · 364,216.67% cap applied$66k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$282/SF
Submarket average, outlier-cleaned · 84 recorded sales of this use type
Observed band · Q1–Q3$99 – $524
Qualifying comparables5

Cap rate analysis

How does the asset earn?
364,216.67%
$66k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLEON

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply15.8
HVAC Service14.1
Convenience Store13.2

Location

1704 Capital Cir NE Tallahassee, FL 32308
County assessor Recorded deeds · 5 transfers 5 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1319 Miccosukee, Tallahassee, FL 32308-5068 $506,000 Dec 2024 4,596 SF
2785 Capital NE, Tallahassee, FL 32308-4132 $1,030,000 Sep 2024 5,181 SF
3631 Mahan, Tallahassee, FL 32308-5640 $2,885,000 Feb 2020 3,884 SF
2473 Greer, Tallahassee, FL 32308-4250 $1,000,000 Dec 2018 11,887 SF
3305 Capital Cir Ne, Tallahassee, FL 32308-3748 $2,100,000 Oct 2018 12,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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