Canopy Town Center Development
For Sale
Contact for pricing
Welaunee Blvd, Tallahassee, FL 32308
15-acre commercial land entitled for 170,000 SF mixed-use development.
Property Size170,000 SF
Lot Size15.00 Acres
Price / SF$52.94
Days on Market933
Property Features for Welaunee Blvd
General Information
Standard status
Active
Size
170,000 SF
Lot size
15.00 Acres
Property subtype
Land
Zoning
CM
Listing Agency:
Premier Commercial Group
Listed By:
Al Russell · License #FL 33433407
Source:
Crexi
Added: Jan 18, 2024
Changed: Aug 8
Last Checked: Aug 8 at 11:29AM
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
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,963
Businesses Nearby
Explore this area
Business Placement
Demographics for 32308, FL
23,355
Population
11,838
Households
2
Avg Household Size
43
Median Age
56%
College-Educated
97%
High-School Grad
15.8 sq mi
ZIP Area
1,478
Density / Sq Mi
$73,125
Median Household Income
$46,786
Median Earnings
$1,327
Median Rent
$291,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
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).
