Old Bainbridge Rd Tallahassee, FL 32303
- Land
- 0.89 lot acres
Current Use by Public Records
- Land
Property Details for 0 Old Bainbridge Rd
- Lot size
- 0.89 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This 0.89-acre industrial land parcel in Tallahassee, Florida, presents a unique opportunity for development. Located in Leon County, zip code 32303, at the address Old Bainbridge, this high and dry lot is ideally suited for construction. The asking price is $65,000. Zoning permits the construction of a duplex, making it an attractive investment for multifamily development. The property's flat terrain simplifies construction. An added advantage is the possibility of combining this lot with adjacent properties. Lot 6, also zoned for duplexes, is available for $130,000, creating nearly an acre of buildable space. Furthermore, the potential exists to acquire additional acreage (lots 2, 3, 4, and 5) totaling 1.69 acres for $720,000. This larger combined parcel offers approximately 275 feet of frontage on Capital Circle NW and 250 feet on Old Bainbridge. These additional lots have C-2 zoning vested under the old comprehensive plan, according to county records. The property's convenient location offers proximity to Oak Valley Publix, restaurants, and other businesses. This is an exceptional opportunity to build a duplex or a multifamily investment property in a desirable Tallahassee location. The latitude and longitude coordinates are 30.5009524 and -84.3377849 respectively.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Tallahassee
- County
- Leon
- State
- Florida
- Longitude
- -84.3378
- Latitude
- 30.501
