Financial
Distress signals
Property profile

1208 Capital Cir Southeast Tallahassee, FL 32301

FOR SALE
Community centers
Property ID
US18-6033429
12,000 SF 3.46 ac lot Built 1987
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This is a former sports bar and restaurant space located within Cross Creek Shopping Center, with an interior layout configured for food-and-beverage/restaurant use. The unit includes exterior-facing frontage along Capital Circle SE, providing street-facing visibility for walk-in traffic. Cross Creek Shopping Center is positioned at the corner of Apalachee Pkwy and Capital Circle SE, offering access from both streets and exposure to traffic in the immediate area. The surrounding retail tenant…

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?
$29k
Tax billed · 2023
Assessed value$1.66M
Assessed land$392k
Assessed improvement$1.26M
Effective rate1.76%

Value estimate

· Sep 2026
$1.52M
$1.36M – $1.67M
CAP approach$2.11M
NOI build-up
Gross scheduled income$15k
Vacancy & credit loss−$1k
Operating expenses−$4k
NOI · 49,775.00% cap applied$10k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$271/SF
ZIP average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$83 – $489

Cap rate analysis

How does the asset earn?
49,775.00%
$10k 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: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office28.6
Realty agency24.5
Building Supply22.8

Location

1208 Capital Cir Southeast Tallahassee, FL 32301
County assessor Recorded deeds · not on file Qualifying comp sales · not on file 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1815 Adams St, Tallahassee, FL 32301-5461 $600,000 Sep 2022 7,975 SF
410 10th, Tallahassee, FL 32301-1026 $725,000 Feb 2022 6,651 SF
1435 Lafayette, Tallahassee, FL 32301-4747 $3,215,000 Jan 2020 8,960 SF
1316 Adams, Tallahassee, FL 32301-4323 $1,358,000 Feb 2019 14,321 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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