Financial
Distress signals
Property profile

720 Capital Cir NE Tallahassee, FL 32301

FOR SALE
Distribution centers
Property ID
US18-5034585
7,980 SF 1.16 ac lot Built 1988
Last sale Jul 2004 · $1,025,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 22-yr Hold Held for 22 years. 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

Retail space is situated within Crescent Park Plaza, featuring frontage on Capital Circle NE. The plaza is located along Capital Circle NE just north of Park Avenue, with Apalachee Parkway less than two miles away. The center is surrounded by nearby retail and entertainment tenants, including Lucky Goat Coffee, Ology Brewing, Gaines Street Pies, and Capital Lanes Bowling Center. The property’s reported average daily traffic exceeds 43,000, supporting its configuration as a storefront location within a single, mixed-use retail and entertainment plaza.

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?
$16k
Tax billed · 2023
Assessed value$804k
Assessed land$205k
Assessed improvement$599k
Effective rate1.93%

Value estimate

· Sep 2026
$960k
$864k – $1.06M
CAP approach$955k
Submarket $/SF estimate$1.03M
NOI build-up
Gross scheduled income$143k
Vacancy & credit loss−$11k
Operating expenses−$40k
NOI · 577,893.75% cap applied$92k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$139/SF
ZIP average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$85 – $195
Qualifying comparables4

Cap rate analysis

How does the asset earn?
577,893.75%
$92k 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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency21.2
Restaurant17.4
Auto Parts Store17.3

Location

720 Capital Cir NE Tallahassee, FL 32301
County assessor Recorded deeds · 3 transfers 4 qualifying comp sales 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1508 Capital SE, Tallahassee, FL 32301-5116 $700,000 Jul 2025 9,450 SF
1010 Adams, Tallahassee, FL 32301-2304 $300,000 Oct 2024 7,099 SF
3485 Monroe, Tallahassee, FL 32301-7200 $750,000 Jun 2023 8,256 SF
2912 Cres Dr, Tallahassee, FL 32301-3565 $2,900,000 Nov 2022 9,000 SF
648 Capital NE, Tallahassee, FL 32301-3514 $2,900,000 Nov 2022 9,000 SF
640 Capital NE, Tallahassee, FL 32301-3514 $800,000 May 2021 6,250 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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