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Property profile & analytics
OFF-MARKET Estimated value $1,070,000
Community centers

3185 Capital Cir Ne Ste A Tallahassee, FL 32308-7798

10,800 SF 1.09 ac lot Built 1988
Trust Owned 10-yr Hold ~ Est. High Equity
Property ID
US18-3488749
Property summary
AI-generated overview

This exceptional retail property, located at 3185 Capital Cir NE in Tallahassee, Florida, offers 11,000 square feet of versatile commercial space within a single-story building. Constructed in 1988 and extensively renovated in 2020, the property boasts a modern aesthetic and efficient layout. Currently configured as a multi-tenant space, one unit of 2,700 square feet is immediately available. The building is situated in a high-traffic area on Capital Circle NE, enjoying excellent visibility and accessibility. Its convenient location directly in front of an Office Depot ensures consistent foot traffic and brand recognition. The property is zoned for commercial use and is part of a strip center, offering a collaborative and thriving retail environment. Leon County's robust economy and growing population make this an ideal investment opportunity for businesses seeking a prime location with strong potential for growth. The property features one building with a total of 11,000 square feet, offering ample space for various retail ventures. The 2020 renovation ensures modern amenities and updated infrastructure, minimizing maintenance costs and maximizing operational efficiency. This is a rare opportunity to secure a well-maintained, high-visibility retail space in a desirable Tallahassee location. The 32308 zip code offers a strong demographic profile, further enhancing the property's investment appeal.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1988
Construction FRAME
Total area 10,800 SF
Lot 1.09 ac (47,480 SF)
APN 11-08-20-445-000-0
UPID US18-3488749
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Red Hills CrossFit Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.07M
Owner & transaction history
Wesson,robin G Trust · 10 yrs held
Wesson,robin G Trust
since 2016
3 recorded transactions
2016
$67,700
2015
Price N/A
2015
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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