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    3401 Capital NE Cir Tallahassee, FL 32308-3711
    Property profile & analytics

    3401 Capital NE Cir Tallahassee, FL 32308-3711


    • Medical Office Space
    • 3,569 SF
    • 0.56 lot acres
    Off-Market
    Property ID
    US18-5154697
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $510,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Dr. Juan Martinez Alvarado / Physician
    • Iftikhar Ahmed / Pediatrician / Physician

    Property Details for 3401 Capital NE Cir

    Year built
    1986
    Construction
    WOOD
    Lot size
    0.56 lot acres
    Property size
    3,569 SF
    Property type
    Medical Office Space
    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

    based on Realmo’s proprietary methodology
    • 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
      Market price range: $442k - $768k
      AI Estimate
      $362,000
      Market 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

    Get a detailed, property-specific estimation — fast and free


    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

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $10,207
    $219,546
    $312,586
    $532,132
    -
    $219,546
    $312,586
    $532,132
    More about this property
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