Property profile

306 Capital Cir SW Tallahassee, FL 32304

FOR SALE
Land
Property ID
US18-4609912
2.11 ac lot
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Property summary

AI-generated overview

This exceptional 2.11-acre commercial land parcel, located at 306 Capital Circle SW in Tallahassee, Florida (zip code 32304, APN 2130204130000), presents a remarkable development opportunity. Boasting an M-1 zoning designation, this property is ideally suited for a diverse range of commercial ventures, including retail, automotive, or service-based businesses. Its prime location on a six-lane highway ensures exceptional visibility and accessibility, with a significant average annual daily traffic count (AADT) of 21,410 vehicles. Two convenient curb cuts provide easy ingress and egress. Strategic proximity to major transportation arteries further enhances its appeal: it's just three miles from the I-10 exit and seven miles from Tallahassee International Airport. This translates to unparalleled convenience for businesses and their clientele. The property's location near established businesses and residential areas ensures strong connectivity and a robust customer base. This vacant lot offers a unique blend of high visibility, convenient access, and versatile zoning, making it an exceptional investment opportunity in a thriving market.

Property profile

Verified
Property type Land
Lot 2.11 ac (91,912 SF)
UPID US18-4609912

Cap rate & NOI

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

Location

306 Capital Cir SW Tallahassee, FL 32304
Tallahassee metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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