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245 Thomas Smith Farm rd
Quincy, FL 32351
Residential/Commercial Development Site · Land For Sale
·
185.00 AC
INVESTMENT HIGHLIGHTS
- Minutes from Tallahassee
- Planned Commercial and Residential
EXECUTIVE SUMMARY
• Single-Family Residential: $8,579,000 (373 Units @ $23k/unit)
• Multifamily: $4,560,000 (304 Units @ $15,000/unit)
• Commercial: $5,229,900 (40.23ac @ $130,000/ac)
PROPERTY FACTS
| Sale Type | Investment or Owner User | Property Subtype | Residential |
| No. Lots | 1 | Proposed Use | |
| Property Type | Land | Total Lot Size | 185.00 AC |
| Zoning | Agriculture/Residential - Ag/ Residential Land | ||
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 185.00 AC |
| Zoning | Agriculture/Residential - Ag/ Residential Land |
1 LOT AVAILABLE
Lot
| Lot Size | 185.00 AC |
| Lot Size | 185.00 AC |
Residential & Development Planned Development Site Minutes from Tallahassee
DESCRIPTION
Up to ±711 Unit Residential Development Site An outstanding entitled development opportunity directly off of a 4 leaf clover exit of I-10 in the heart of Gretna, FL a thriving suburb of Tallahassee, FL (State Capital of FL, Florida State University). This site offers a rare chance to deliver a high-demand residential/commercial product in one of Florida’s fastest-growing suburbs. Positioned in between Quincy, Greensboro, and Gretna FL and ±3,000 feet of frontage along Greensboro Highway & ±2,000 feet of frontage on Race Track Rd. (Thomas Smith Farm Rd.), the site spans multiple parcels with entitlement for up to ±677 residential units and ±45 acres of Commercial. The project is in the process of entitlement/engineering and will be ready to break ground in the near future—streamlining the path from acquisition to vertical construction. This Tallahassee market has experienced significant growth fueled by its close proximity to The Florida State Capital and Florida State University (30 minutes), directly off of Interstate-10 (1 minute), and on Greensboro Highway. The area continues to attract a diverse population of professionals, students, and retirees, making this a strategic location for for-sale or for-rent residential product.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $63,214 | |
| Land Assessment | $957,447 | Total Assessment | $1,032,081 |
PROPERTY TAXES
