500 Capital CirTallahassee, FL 32301

Property Details for 500 Capital Cir

Year built

1984

Construction

FRAME

Lot size

0.11 AC

Property size (Sq ft)

4,636 SF

Property type

Office properties

Property subtype

Office buildings

APN

11-33-20-410-004-0

APU

1133204100040

Description

This exceptional 2,350 square foot flex space, located at 500 Capital Circle SE, Suite B2 in Tallahassee, Florida, 32301, presents a unique opportunity for businesses seeking a versatile and conveniently located office. The single-story unit is part of a larger 6,717 square foot building and boasts a desirable retail storefront and a grade-level roll-up door, ideal for various uses. Its location within a professional office park ensures high visibility and benefits from significant traffic flow. The property enjoys proximity to state buildings, parks, and greenways, offering employees and clients access to recreational amenities and a pleasant work environment. Commuting is simplified by easy access to Apalachee Parkway and a short drive to downtown Tallahassee. This flex space is perfect for businesses needing a blend of office and warehouse or retail space, offering both functionality and a prime location in a thriving area. The property is available for lease as a single tenancy. Contact us today to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $959,678

  6.5%

  $885,857

  7%

  $822,581

• Comparable approach

  Method

  Valuation

  Relative Method

  $329,573

  Geo Method

  $329,573

• Alternative Use

  Use

  Valuation

  Residential

  $1,098,463

  Hospitality

  $1,006,186

  Educational

  $837,135

  Medical

  $865,925

  Retail

  $1,302,210

Location Insight

City

Tallahassee

County

Leon

State

Florida

Latitude

30.4388

Longitude

-84.2274

CBSA code

45220

CBSA name

TALLAHASSEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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