Opportunity Zone! West Tennessee Street is a redevelopment hot-bed. Since 2021, this 2-mile stretch has
has seen over fifteen properties purchased for redevelopment. Property sales have ranged from $600,000 for
vacant acreage to $14 million dollars for a 2017-built multi-family student complex. This property, located in an Opportunity
Zone, returns to the marketplace as a vacant parcel with permitted entitlements.
The parcel is located within a quarter of mile from Tallahassee Community College with over fifteen thousand students,
in an area with more than 4500 student beds with walking distance. There are 4 banks, 5 pharmacies, several new
car dealerships, including Tesla and Kia and an Acura expansion along this corridor. It is ripe for redevelopment.
There is one restaurant. FDOT Traffic Count: 41,500/day