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2020 Apalachee Pky
Tallahassee, FL 32301
Redevelopment Opportunity Apalachee Pkwy · Land For Sale · 0.88 AC

Investment Highlights

  • ±0.88-acre outparcel available for sale or ground lease with utilities stubbed to the site.
  • Adjacent to Target and near major retailers such as Kohl’s, Burlington, and Dick’s Sporting Goods.
  • Strong surrounding demographics with over 150,000 residents within five miles.
  • Located along Apalachee Parkway with 33,000 average daily traffic and excellent visibility.
  • Minutes from Florida State Capitol and three major colleges with over 70,000 students combined.
  • Convenient access to major roadways and established retail trade area.

Executive Summary

The property is adjacent to a Target-anchored shopping center and surrounded by national retailers including Kohl’s, Burlington, Dick’s Sporting Goods, PetSmart, and BJ’s Restaurant & Brewhouse. Located minutes from the Florida State Capitol, which employs approximately 5,000 people, and near Florida State University, Florida A&M University, and Tallahassee Community College, the site draws from a robust consumer base of over 70,000 students and a growing professional population. With utilities stubbed to the property and access points in place, this parcel is well-positioned for retail development or long-term investment in a thriving trade area.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 0.88 AC
Zoning CP Commercial Parkway - Commercial Parkway

1 Lot Available

Lot

Lot Size 0.88 AC

This ±0.88-acre parcel offers a rare opportunity for investors seeking a high-visibility location in Tallahassee’s primary retail corridor. Positioned along Apalachee Parkway with an average daily traffic count of 33,000 vehicles, the site benefits f

Description

This ±0.88-acre outparcel is available for ground lease in one of Tallahassee’s most active retail corridors. The site offers excellent visibility along Apalachee Parkway, a major thoroughfare with 33,000 vehicles per day, and is adjacent to a Target-anchored center. Surrounding tenants include Verizon, Rack Room Shoes, Panera Bread, Starbucks, and Firestone, creating strong co-tenancy and consistent traffic. The property provides easy access and is minutes from the Florida State Capitol and major universities, ensuring a steady flow of students, professionals, and residents. With utilities stubbed to the site and flexible development options, this location is ideal for national retailers, quick-service restaurants, or service-oriented businesses seeking a high-traffic, established retail environment.

Property Taxes

Property Taxes

Parcel Number
31-05-20-002-000.0
Land Assessment
$996,750
Improvements Assessment
$0
Total Assessment
$996,750
  • Listing ID: 39748627

  • Date on Market: 3/12/2026

  • Last Updated:

  • Address: 2020 Apalachee Pky, Tallahassee, FL 32301

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