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Mixed-Use Redevelopment Property
New
For Sale
$2,500,000

1701 Mill Street, Tallahassee, FL 32310

CommercialSale, Tallahassee, FL

Property SizeContact for details
Lot Size3.32 Acres
Days on Market2

Property Features for 1701 Mill Street

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Leon
Standard status Active
APN 12073-41-02-20-432-000-0
Lot size 3.32 Acres
Listing Agency: The Guardian Real Estate Group
Listed By: Ahmed Ismail · License #3401106
Added: Oct 22 Last Checked: Oct 23 at 1:06PM
MLS# 406245

Copyright © 2026 Tallahassee Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This four-parcel assemblage totals 3.32 acres and includes a 6,028-square-foot warehouse. The existing building may support continued commercial occupancy, adaptive reuse, or incorporation into a broader redevelopment plan. CU-45 (Central Urban-45) zoning permits a range of residential and commercial uses, subject to applicable regulations and approvals, with residential density of up to 45 dwelling units per acre.

The property is on Mill Street near FAMU Way, Florida A&M University, Florida State University, Downtown Tallahassee, and the Railroad Square Art District. The parcels are being offered together as one package, with potential for residential, commercial, or combined development. Buyers should independently verify acreage, zoning, density, permitted uses, and other property details.

Key Highlights

  • Four‑parcel assemblage offered together
  • 3.32 acres
  • CU‑45 (Central Urban‑45) zoning

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Kitchen & Bath Showroom Electrical Service Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

717
Businesses Nearby

Demographics for 32310, FL

17,209
Population
7,621
Households
2.3
Avg Household Size
32
Median Age
22%
College-Educated
85%
High-School Grad
91.9 sq mi
ZIP Area
187
Density / Sq Mi
$38,493
Median Household Income
$24,177
Median Earnings
$1,025
Median Rent
$118,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Four parcels near FAMU and FSU are assembled for potential residential, commercial, or mixed-use redevelopment.
Where is this mixed-use property located?
The property is located at 1701 Mill Street Tallahassee, FL.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Four‑parcel assemblage offered together; 3.32 acres; CU‑45 (Central Urban‑45) zoning
More about this property
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