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0 W Tennessee St 2.5 Acres of Commercial Land Offered at $545,000 in Tallahassee, FL 32304

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INVESTMENT HIGHLIGHTS

  • Excellent Retail/Commercial Site
  • Less Than 2 Miles from Future 123,000 SF Amazon Facility
  • +/- 384 Feet of Frontage on W Tennessee Street (Hwy 90)
  • Zoning: Commercial Parkway (CP)
  • Only 1 Mile West from Capital Circle & 2 Miles from I-10 Exit
  • Adjacent 11 Acres to the North May be Purchased as Well

EXECUTIVE SUMMARY

The front +/- 2.5 acres are zoned CP (Commercial Parkway), which allows about any type of retail/commercial use. So, technically, a mixed-use project could easily be developed on this site, with retail/commercial in the front, and multi-family/housing in the rear, or multi-family throughout the entire property. Another option would be to develop the rear part of the property as a multi-family/housing development, and re-sale the +/- 2.5 acres of commercial/retail property in the front, and recoup a major portion of your original investment.

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

ANNUAL ANNUAL PER AC
Taxes - -
Operating Expenses - -

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

Taxes
Annual -
Annual Per AC -
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $99,999
Annual Per AC $9.99

PROPERTY FACTS

Price $545,000
Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Retail
Total Lot Size 2.50 AC
No. Stories 1
Zoning CP - Commercial Parkway

1 LOT AVAILABLE

Lot

Price $545,000
Price Per AC $218,000.00
Lot Size 2.50 AC

This +/- 2.5 Acres acre site is ideally located on W Tennessee Street, just 1 mile west of Capital Circle, and less than 2 miles from a new 123,000 SF Amazon facility and I-10 Exit. The property is zoned CP (Commercial Parkway).

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
21-30-20-206-000.0
Land Assessment
$587,612 (2024)
Improvements Assessment
$56,512 (2024)
Total Assessment
$644,124 (2024)
  • Listing ID: 31248663

  • Date on Market: 3/18/2024

  • Last Updated:

  • Address: 0 W Tennessee St, Tallahassee, FL 32304

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