Property profile

0 Macomb St & Saint Francis St Tallahassee, FL 32301

OFF-MARKET
Land
0.45 ac lot
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Property summary

AI-generated overview

This exceptional 0.45-acre lot presents a unique investment opportunity in Tallahassee's vibrant All Saints Neighborhood (ASN-A zoning). Situated at the corner of South Macomb Street and Saint Francis Street, this property boasts a highly desirable location, offering unparalleled access to Florida State University, downtown Tallahassee, and Cascades Park. The strategic placement within the All Saints District ensures proximity to a substantial workforce, with approximately 33,000 employees within a one-mile radius and nearly 96,000 employees within a three-mile radius. The property's appeal is further enhanced by its proximity to approximately 10,000 beds within walking distance, creating a strong potential for various commercial and residential developments. The parcel is identified by APN 21-36-90-033-8775 and is zoned for both commercial and residential uses, providing flexibility for a wide range of development projects. The asking price for this prime piece of land is $625,000. This presents a rare chance to acquire a strategically located property in a thriving area with significant growth potential. Don't miss this opportunity to secure a foothold in one of Tallahassee's most sought-after neighborhoods.

Property profile

Verified
Property type Land
Lot 0.45 ac (19,602 SF)

Cap rate & NOI

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

Location

Macomb St & Saint Francis St Tallahassee, FL 32301
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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