0 X Mahan Dr, Tallahassee, FL 32317
This exceptional 2.9-acre commercial land parcel presents a unique investment opportunity in Tallahassee, Florida's burgeoning Heel development. Strategically located at a highly visible, lighted intersection on Mahan Drive, this site boasts excellent signage opportunities. The property is ready for immediate development, with off-site stormwater management already allocated and road infrastructure/utilities conveniently stubbed to the property line. This prime location offers unparalleled access to a thriving, master-planned community encompassing 1,500 single-family homesites, 600 approved multifamily units, and a substantial 100+ acre business park, ensuring a robust and growing customer base. The site's position at the entrance to this expansive community guarantees high traffic volume and exceptional visibility, making it ideal for a variety of retail uses. This is a rare chance to acquire a well-prepared commercial lot in a rapidly expanding area, offering significant potential for long-term growth and return on investment. The property is located in Leon County, Florida, with the address being X Mahan Dr, Tallahassee, FL 32317. The site's coordinates are 30.487584028740034 latitude and -84.15075315612344 longitude. This exceptional opportunity won't last long.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.