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Investment Highlights
- 4.54-acre development site with CP zoning allowing diverse uses
- High traffic counts of approximately 35,000 vehicles daily
- Strong surrounding demographics and rapid commercial growth
- Exceptional frontage on six-lane Capital Circle NW near I-10
- Adjacent to Commonwealth Centre and major national retailers
Executive Summary
Prime commercial development opportunity at 1665 Capital Circle NW in Tallahassee, Florida. This 4.54-acre parcel is strategically positioned along a high-traffic, six-lane stretch of Capital Circle, just south of I-10, offering exceptional visibility and access. Zoned Commercial Parkway (CP), the property supports a wide range of uses including retail, hospitality, automotive, and restaurant concepts, making it ideal for multi-pad development.
Surrounded by a dynamic mix of residential and commercial activity, the site benefits from adjacency to Commonwealth Centre, Tallahassee’s largest business park, and proximity to major retailers such as Lowe’s, Home Depot, and Wawa, with an Amazon facility and proposed Buc-ee’s nearby. With traffic counts exceeding 35,000 vehicles per day and strong demographics within a five-mile radius, this location offers unmatched exposure and growth potential in one of Tallahassee’s most active corridors.
Surrounded by a dynamic mix of residential and commercial activity, the site benefits from adjacency to Commonwealth Centre, Tallahassee’s largest business park, and proximity to major retailers such as Lowe’s, Home Depot, and Wawa, with an Amazon facility and proposed Buc-ee’s nearby. With traffic counts exceeding 35,000 vehicles per day and strong demographics within a five-mile radius, this location offers unmatched exposure and growth potential in one of Tallahassee’s most active corridors.
Property Facts
| Price | $2,500,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 4.54 AC |
| Property Type | Land | ||
| Zoning | CP - Commercial Parkway | ||
| Price | $2,500,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 4.54 AC |
| Zoning | CP - Commercial Parkway |
1 Lot Available
Lot
| Price | $2,500,000 | Lot Size | 4.54 AC |
| Price Per AC | $550,660.79 |
| Price | $2,500,000 |
| Price Per AC | $550,660.79 |
| Lot Size | 4.54 AC |
4.54-acre commercial parcel with CP zoning offering prime frontage along Capital Circle NW near I-10, ideal for retail, hospitality, or multi-pad development.
Description
Prime development property zoned Commercial Parkway (CP). This zoning allows a wide variety of uses including hotels, retail, automotive, and restaurants. The site is large enough to accommodate three pads or users. Located along the high-traffic, six-lane stretch of Capital Circle in northwest Tallahassee just south of I-10 and surrounded by a mix of residential and commercial uses. Adjacent to the Commonwealth Centre, the city's largest business park. Lowe's, Home Depot, Amazon, car dealers, Wawa, and a proposed Bucee's are located nearby.
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
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