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    Orange Ave Tallahassee, FL 32310

    Sponsored
    For Sale
    $400,000

    Prime Tallahassee land, ideal for mixed-use development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5-acre parcel, located in Leon County, Florida, presents a unique investment opportunity. Situated on Orange Avenue near the intersection of Springhill Road, this property boasts a strategic location south of Florida State University and west of Florida A&M University. The property is zoned R-3, permitting a variety of development options including single-family detached, single-family attached, single-family zero lot line, and multifamily attached dwellings. Utilities are conveniently located on-site. This location benefits from the Blueprint 2000 initiative, which has allocated over sixty million dollars for road improvements in the area. The property's designation as a HUB Zone provides access to economic incentives. The current owners are willing to accommodate a reasonable timeframe for buyers to pursue rezoning if desired. The APN is 4111206980000. The asking price for this exceptional property is $400,000. This is a rare opportunity to acquire a significant land holding in a rapidly growing area of Tallahassee, Florida, with excellent access to major universities and planned infrastructure improvements.

    Property Features for 0 Orange Ave

    General Information

    Property type
    Land

    HighLights

    • 5‑acre parcel zoned R‑3, allowing single‑family detached, attached, zero lot line, and multifamily development.
    • Utilities on‑site.
    • HUB Zone designation offers economic incentives.
    • $60M+ allocated for road improvements via Blueprint 2000.
    • Prime location at Orange Ave & Springhill Rd, near FSU & FAMU.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Tallahassee
    County
    Leon
    State
    Florida
    Longitude
    -84.2824975
    Latitude
    30.4125324

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    FAQs

    What type of property is this?
    Land - Prime Tallahassee land, ideal for mixed-use development.
    Where is this land located?
    The property is located at Orange Ave Tallahassee, FL.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: 5-acre parcel zoned R-3, allowing single-family detached, attached, zero lot line, and multifamily development.; Utilities on-site.; HUB Zone designation offers economic incentives.
    Request Owner's contact information
    Orange Ave Tallahassee, FL 32310
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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
    Orange Ave Tallahassee, FL 32310
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