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For Sale

Southeast Portable Buildings Outparcel

6034 West Tennessee Street,
Tallahassee, FL 32304

Asset Snapshot

13.43 Acres
Land Area

Offering Summary

Investment Overview

This +/- 13.5 acre site is ideally located just 1 mile west of Capital Circle, and less than 2 miles from a 123,000 SF Amazon facility. The rear part of the property is zoned OR-2, which allows multi-family (up to 16 units/acre), as well as motels and office. The front +/- 2.5 acres are zoned CP (Commercial Parkway), which allows about any type of retail/commercial use. So, technically, a mixed-use project could easily be developed on this site, with retail/commercial in the front, and multi-family/housing in the rear, or multi-family throughout the entire property. Another option would be to develop the rear part of the property as a multi-family/housing development, and re-sale the +/- 2.5 acres of commercial/retail property in the front, and recoup a major portion of your original investment.


Investment Highlights

  • Potential Multi-Family Development & Commercial Outparcel
  • Less than 2 Miles from a 123,000 SF Amazon Facility
  • Zoning: OR-2 & CP (Allows Up to 16 Units/Acre)
  • Only 1 Mile West from Capital Circle
  • +/- 280 Feet of Frontage on W Tennessee Street (Hwy 90)
  • Re-Sale Opportunity of Commercial Outparcel
  • Traffic Count: 24,500 Vehicles/Day

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Listing Syndicated From

Buildout
For Sale
$950,000
Asking Price