674 Crossway Rd - Commercial LAND FOR SALE


Tallahassee, FL 32305- South Tallahassee234,788 SF
$1,236,000 USD
305-609-8698
674 Crossway Rd, Tallahassee, FL for Sale
$1,236,000 USD
Commercial LAND - FOR SALE
1/3
234,788 SF

674 Crossway Rd
Tallahassee, FL 32305
South Tallahassee


HIGHLIGHTS

  • Prime Location: Adjacent to Wawa & Dollar General under construction — high visibility and traffic
  • 3 Fully Leased Parcels
  • Strong Income: Total annual NOI of $86,541
  • Low Maintenance: Ground leases with no landlord liability for structures

OVERVIEW

Premier Commercial Group is pleased to present a rare investment opportunity consisting of three ground-leased parcels totaling ±5.39 acres across two adjacent properties in Tallahassee, Florida. Strategically located along Crossway Road, these lots are positioned within a growing commercial corridor that already includes high-traffic developments such as a brand-new Wawa gas station and Dollar General. Each parcel is income-producing with existing tenants on long-term ground leases, offering stable cash flow and minimal landlord responsibilities. Two parcels are located at 687 Crossway Rd, while the third sits across the street at 674 Crossway Rd. This offering is ideal for investors seeking passive income and long-term upside in a rapidly developing trade area of Florida’s capital city. 3 Fully Leased Parcels: 674 Crossway Rd | $2,600/mo | Lease through 12/31/2027 | NOI: $28,400 687 Crossway Lot 1 | $3,496.75/mo | Lease through 1/31/2028 | NOI: $36,141 687 Crossway Lot 2 | $22,000 annual | Lease through 12/31/2027 | NOI: $22,000

FOR SALE DETAILS

PRICE

$1,236,000 USD

PRICE/ACRE

$229,314/AC

PRICE/SF

$5 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Crossway Rd

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

-

LAND ACRES

5.39 AC

LAND SF

234,788 SF

OFFSITE IMPROVEMENTS

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Sean FeheleyPremier Commercial GroupMore Info
305-609-8698

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Sean FeheleyPremier Commercial GroupMore Info
305-609-8698

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