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    238 Dixie Dr Tallahassee, FL 32304

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    For Sale
    $525,000

    2.16 acre development site near FSU and Tallahassee Community College.

    Property size:
    2 SF
    Lot size:
    2.16 Acres

    Property Features for 238 Dixie Dr

    General Information

    Size
    2 SF
    Lot size
    2.16 Acres

    Source: Brian Proctor Agent Brian Proctor

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Development Site Near Universities

    This 2.16-acre property is zoned UT, allowing for 50 units per acre, and is suitable for multifamily development targeting students and working-class residents. The site is located between Florida State University (FSU) and Tallahassee Community College, surrounded by an existing student housing complex. The surrounding area features numerous apartment complexes, making it a potentially attractive location for student housing development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tallahassee
    County
    Leon
    State
    Florida
    Longitude
    -84.328735
    Latitude
    30.444706

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    FAQs

    What type of property is this?
    Land - 2.16 acre development site near FSU and Tallahassee Community College.
    Where is this land located?
    The property is located at 238 Dixie Dr Tallahassee, FL.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: - Prime location between FSU and Tallahassee Community College, ideal for student housing.; - Zoned UT, allowing for **high-density development of 50 units per acre.**; - 2.16-acre development site suitable for multifamily construction.
    (850) 599-5963
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    238 Dixie Dr Tallahassee, FL 32304
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    238 Dixie Dr Tallahassee, FL 32304
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