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Mahan Dr Tallahassee, FL 32317

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19.4 Acres, 300+ Unit Potential

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional 19.4-acre land parcel presents a prime opportunity for multifamily development in Tallahassee, Florida. Located in the burgeoning Heel development, this site is strategically positioned for immediate success. The property boasts entitlements for up to 300 multifamily units, eliminating significant pre-development hurdles. Furthermore, off-site stormwater management is already allocated, and essential road infrastructure and utilities are stubbed to the property line, streamlining the construction process and minimizing upfront costs. This advantageous location places the development adjacent to a hotel, a planned grocery-anchored retail center, various retail pads, and directly at the entrance to a thriving 1,500-home master-planned community. The surrounding area also includes an additional 600 entitled multifamily units, 25+ acres of commercially zoned land, and a 100+ acre business park, ensuring a robust and growing community to support the development. This is a rare opportunity to acquire a fully entitled site with significant infrastructure already in place, poised for immediate development in a high-demand location. The property's address is Mahan Dr, Tallahassee, FL 32317, within Leon County. This site offers exceptional potential for a high-return multifamily investment.

Property Features for 0 Mahan Dr

General Information

Property type
Land
Lot Size
845,064 SF

HighLights

  • 19.4‑acre multifamily development site in Tallahassee, FL, with entitlements for up to 300 units.
  • Off‑site stormwater management and utilities are in place, with road infrastructure stubbed to the property line.
  • Prime location at the entrance to a 1,500‑home master‑planned community, adjacent to retail and a hotel, and near 600 additional multifamily units, 25+ acres of commercial land, and a 100+ acre business park.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Tallahassee
County
Leon
State
Florida
Longitude
-84.146660082329
Latitude
30.488356023276

FAQs

What type of property is this?
Land - 19.4 Acres, 300+ Unit Potential
Where is this land located?
The property is located at Mahan Dr Tallahassee, FL.
What are key features of this property?
This property features: 19.4-acre multifamily development site in Tallahassee, FL, with entitlements for up to 300 units.; Off-site stormwater management and utilities are in place, with road infrastructure stubbed to the property line.; Prime location at the entrance to a 1,500-home master-planned community, adjacent to retail and a hotel, and near 600 additional multifamily units, 25+ acres of commercial land, and a 100+ acre business park.
More about this property
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