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Investment Highlights

  • Highly desirable single-story structure suitable for medical users.
  • Robust four-sided brick construction with professional curb appeal.
  • Ample restroom infrastructure, ideal for medical plumbing requirements.
  • Exposure to approximately 58,000 vehicles daily via Capital Circle NE.
  • Flexible interior layout divisible into 1–3 suites
  • Positioned in an active healthcare and professional services corridor.

Executive Summary

New price: Single-Story Medical / Dental / Office – Priced to Sell | $400000.
2732 Capital Circle NE | Tallahassee, FL Zoned CP. Potential for multiple operations. Owner relocating.
Rare opportunity to acquire a 3,200 SF single-story professional office building along Capital Circle NE, one of Tallahassee’s primary commuter corridors with ~58,000 vehicles per day.
Constructed with four-sided brick and designed as a professional office, the building offers a highly functional layout ideal for medical, dental, or professional use. The existing configuration and plumbing infrastructure may allow for a cost-effective healthcare conversion, with a conceptual layout supporting multiple dental operatories.
The property’s single-story design, direct patient access, and on-site parking make it especially attractive for dentists, chiropractors, and medical providers seeking an alternative to multi-story office space.
Positioned within an established healthcare and professional corridor, the site is surrounded by successful dental practices, medical offices, banks, restaurants, and national retailers, including The Home Depot, Publix, Lowe's Home Improvement, and several Banks.
Nearby residential communities—including Canopy, Killearn, Bobbin Trace, and Betton Hill- provide a strong commuter-based patient and client base.
The flexible layout ZONED CP allows for:
• Single user (dental or medical practice, construction office, insurance office, general office space, retail shops)
• Two or three-suite configuration
• Owner-occupant with supplemental rental income
Aggressively priced at $400,000—well below replacement cost and significantly less than new construction for a comparable office or medical facility.
Ideal for owner-users or investors seeking a strong strategic location with strong upside.

Financial Summary (Pro Forma - 2026) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro Forma - 2026) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
3,200 SF
Building Class
B
Year Built/Renovated
1986/2018
Price
$555,996 CAD
Price Per SF
$173.75 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,200 SF
Building FAR
0.07
Lot Size
1.13 AC
Zoning
CP - Commercial Parkway
Parking
33 Spaces (10 Spaces per 1,000 SF Leased)

Amenities

  • Controlled Access
  • Day Care
  • Security System
  • Signage
  • Reception
  • Storage Space
  • Air Conditioning
  • Smoke Detector
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
11-16-20-257-000.0
Land Assessment
$211,591 CAD (2025)
Improvements Assessment
$235,704 CAD (2025)
Total Assessment
$447,295 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
  • Listing ID: 32543887

  • Date on Market: 2024-07-22

  • Last Updated:

  • Address: 2732 Capital NE, Tallahassee, FL 32308

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