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Welaunee Blvd Tallahassee, FL 32308

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For Sale
$9,000,000

15-acre commercial land entitled for 170,000 SF mixed-use development.

Type:Land
Property size:
170,000 SF
Lot size:
15.00 Acres
Added:
Jan 18, 2024
Days on Market:
804
Last Refresh:
Mar 17 at 1:25 pm

Property Features for Welaunee Blvd

General Information

Standard status
Active
Size
170,000 SF
Lot size
15.00 Acres
Property subtype
Land

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Listing Contact
Al Russell

Listing agent Al Russell License #FL 33433407

Listing office Premier Commercial Group

Listing date Jan 18, 2024

Source Crexi

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

All listing content including descriptions, pricing, images are the copyrighted material of Premier Commercial Group


Overview

Canopy Town Center Development Opportunity

This 15-acre town center parcel, situated within the master-planned Canopy community in Tallahassee, presents a development opportunity. Entitled for 170,000 square feet of commercial space, the high-and-dry site is located in the city’s rapidly expanding corridor. While the property is priced for the entire town center, single pad sites and smaller portions may be subdivided. The site is backed by developers of the 500-acre Canopy development, and offers flexibility for build-to-suit projects, pad sales, ground leases, or outright land sales. The town center can also incorporate residential units above commercial spaces, with pricing adjustments of $25,000 per door for each residential unit added. The property is delivered with rough grading, utilities, storm drain stubs, and off-site storm-water management with 60% impervious coverage. Entitlements and school/traffic concurrency (mitigation) are in place. Strategically positioned in the center of Canopy, the site offers high visibility and accessibility. Canopy Town Center marks the beginning of Tallahassee's long term expansion, offering decades of commercial and residential growth potential.
Location Intelligence

Current Use by Public Records

Commercial land

Map

City
Tallahassee
County
Leon
State
Florida
Longitude
-84.1148
Latitude
30.5668

FAQs

What type of property is this?
Commercial land - 15-acre commercial land entitled for 170,000 SF mixed-use development.
Where is this commercial land located?
The property is located at Welaunee Blvd Tallahassee, FL.
What is the asking price?
The asking price for this property is $9,000,000.
What are key features of this property?
This property features: Entitled for 170,000 SF of mixed‑use commercial space in Tallahassee's premier master‑planned community (Canopy).; Located in the heart of Tallahassee's fastest‑growing corridor, offering high visibility and accessibility.; Delivered with essential infrastructure: rough grading, utilities, storm drain stubs, and off‑site storm‑water management (60% impervious coverage).
More about this property
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