3401 Capital CirTallahassee, FL 32308

Property Details for 3401 Capital Cir

Year built

1986

Construction

WOOD

Lot size

0.56 AC

Property size (Sq ft)

3,569 SF

Property type

Healthcare properties

Property subtype

Medical offices

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.

• CAP approach

  CAP return

  Valuation

  6%

  $837,367

  6.5%

  $772,954

  7%

  $717,743

• Comparable approach

  Method

  Valuation

  Relative Method

  $253,720

  Geo Method

  $253,720

• Alternative Use

  Use

  Valuation

  Residential

  $958,463

  Hospitality

  $877,947

  Educational

  $730,441

  Medical

  $755,562

  Retail

  $1,136,242

Location Insight

City

Tallahassee

County

Leon

State

Florida

Latitude

30.5008

Longitude

-84.2472

CBSA code

45220

CBSA name

TALLAHASSEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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