3401 Capital Cir Tallahassee, FL 32308
- Medical offices
- 3,569 SF
- 0.56 lot acres
Current Use by Public Records
- Dr. Juan Martinez Alvarado / Obstetrician-Gynecologist
- Iftikhar Ahmed / Family Practice Physician
Property Details for 3401 Capital Cir
- Year built
- 1986
- Construction
- WOOD
- Lot size
- 0.56 lot acres
- Property size
- 3,569 SF
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 11-08-65-000-014-0
- APU
- 1108650000140
Description
This exceptional 3,569 square foot medical office building is ideally situated at 3401 Capital Circle NE in Tallahassee, Florida, zip code 32308. The property is a single-tenant building, perfectly suited for a medical practice seeking a turnkey solution. The space is already meticulously built out, featuring a welcoming reception area, a well-equipped nurses' station, a comfortable break room, and at least eight patient examination rooms. In addition to the patient rooms, there are dedicated offices for both the managing physician and administrative staff. This ready-to-occupy space eliminates the need for extensive renovations and allows for immediate commencement of operations. The building's prime location in Tallahassee offers excellent visibility and accessibility, ensuring a steady stream of patients. The property presents a unique opportunity for medical professionals seeking a fully functional and conveniently located office space. The building's efficient layout and comprehensive amenities make it an attractive option for established practices or new ventures. This is a single-tenant building offering a rare opportunity to acquire a fully functional medical office space in a high-demand area. The property is ready for immediate occupancy.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $335,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $705,000
- 6.5%
- $650,000
- 7%
- $605,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $684,000
- AI Estimate
- $362,000
Market price range: $442k - $768kMarket price range: $214k - $442k -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $600,000 Current use
- COMMERCIAL (GENERAL)
- $760,000 Change: +27% Conversion: Easy
- RETAIL STORES
- $760,000 Change: +27% Conversion: Difficult
- OFFICE BUILDING
- $590,000 Change: -2% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Tallahassee
- County
- Leon
- State
- Florida
- Longitude
- -84.2472
- Latitude
- 30.5008
- CBSA code
- 45220
- CBSA name
- TALLAHASSEE, FL METROPOLITAN STATISTICAL AREA