502 Capital Cir SE - Office FOR SALE


Tallahassee, FL 32301- Governors Square
$800,000 USD
850-251-5504
502 Capital Cir SE, Tallahassee, FL for Sale
$800,000 USD
Office - FOR SALE
1/14
null | 4.88% Cap Rate

502 Capital Cir SE
Tallahassee, FL 32301
Governors Square


HIGHLIGHTS

  • 9,040 SF Building
  • 3 Units
  • Zoned CP - Commercial Parkway
  • Located in the Tallahassee Area
  • 57.96% Occupancy
  • Priced at Fraction of Replacement Cost

OVERVIEW

Introducing an exceptional investment opportunity in Tallahassee, FL: 502 Capital Circle Southeast. This versatile property features a 9,040 SF building divided into 3 units, with immediate access to one of Tallahassee's main thoroughfares; Capital Circle. Currently 57.96% occupied, this presents a value-add opportunity for an owner-user or investor looking to capitalize on an asset at a priced at a fraction of replacement cost.

FOR SALE DETAILS

PRICE

$800,000 USD

PRICE/SF

$88 USD /SF

CAP RATE

4.88%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

502 Capital Circle Southeast Suite C & D1

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1992

SPRINKLERS

-

PARKING SPACES

53

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,000 SF

ZONING

CP

APN/PARCEL ID

11-33-20-410-006.0

ASK ABOUT THIS PROPERTY

John McNeillNAI TALCORMore Info
850-251-5504

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John McNeillNAI TALCORMore Info
850-251-5504

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.