Technical
Financial
Distress signals
Property profile

0 0. Commonwealth Dr Tallahassee, FL 32303

OFF-MARKET
Land
1.41 ac lot
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Property summary

AI-generated overview

This exceptional 1.41-acre lot, identified as Lot 17 and APN 2120310000170, presents a unique opportunity for development in Tallahassee, Florida. Located at 0 Commonwealth Dr., 32303, this property is zoned for Planned Unit Development (PUD), offering flexibility for various project types. The land is vested for concurrency, meaning all necessary infrastructure requirements are met. Importantly, stormwater management and natural area preservation have been addressed off-site, simplifying the development process. City utilities are readily available, including water, sewer, and natural gas connections already in place. This makes this parcel particularly attractive for developers seeking a streamlined and efficient project launch. The asking price for this strategically located and well-prepared lot is $215,000. Don't miss this chance to acquire a prime piece of Tallahassee real estate.

Property profile

Verified
Property type Land
Lot 1.41 ac (61,420 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

0. Commonwealth Dr Tallahassee, FL 32303
Tallahassee metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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