2633 W Tennessee St - Commercial LAND FOR SALE


Tallahassee, FL 32304- University43,124 SF
$1,250,000 USD
850-566-5791
2633 W Tennessee St, Tallahassee, FL for Sale
$1,250,000 USD
Commercial LAND - FOR SALE
1/4
43,124 SF

2633 W Tennessee St
Tallahassee, FL 32304
University


HIGHLIGHTS

  • Located in a vibrant college town with three large colleges
  • 4000 Student Beds within a 1/4 Mile
  • 300 ft frontage on US Highway 90/West Tennessee Street
  • Two entries and exits
  • Dedicated Turn Lane on major highway
  • Traffic Count 41,500 vehicles per day

OVERVIEW

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

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/ACRE

$1,262,638/AC

PRICE/SF

$29 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Motel Lot for Redevelopment

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Retail, Restaurant

LAND ACRES

0.99 AC

LAND SF

43,124 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone

ZONING

CP

APN/PARCEL ID

212840 A0010

ASK ABOUT THIS PROPERTY

Colleen CastilleNAI TALCOR Commercial Real Estate Services, Inc.More Info
850-566-5791

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Colleen CastilleNAI TALCOR Commercial Real Estate Services, Inc.More Info
850-566-5791

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.