Canopy Town Center Development
Welaunee Blvd, Tallahassee, FL 32308
15-acre commercial land entitled for 170,000 SF mixed-use development.
Type:Land
Property size:
170,000 SFLot size:
15.00 AcresPrice / SF:
$52/SF- Added:
- Jan 18, 2024
- Days on Market:
- 866
- Last Refresh:
- May 12 at 9:49 pm
Property Features for Welaunee Blvd
General Information
- Standard status
- Active
- Size
- 170,000 SF
- Lot size
- 15.00 Acres
- Property subtype
- Land
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
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).
- Flexibility for various development options: build‑to‑suit, pad sales, ground leases, or outright land sales.
- Entitlements and school/traffic concurrency (mitigation) are already in place.
- Opportunity to incorporate residential units above commercial spaces (pricing adjustments of $25,000 per door).
Overview
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.
Property Profile
Location Intelligence
Current Use by Public Records
Commercial land
Map
- City
- Tallahassee
- County
- Leon
- State
- Florida
- Longitude
- -84.1148
- Latitude
- 30.5668
Nearby Similar for Sale
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).
