Governors Square Blvd Tallahassee, FL 32301
- Land
- 0.50 lot acres
Current Use by Public Records
- Land
Property Details for 0 Governors Square Blvd
- Lot size
- 0.50 lot acres
- Property type
- Land
Description
This exceptional 0.5-acre commercial land parcel is strategically located on Governors Square Boulevard in Tallahassee, Florida, 32301. The property enjoys prime visibility and accessibility, situated within the thriving Governors Marketplace, an open-air shopping center boasting 17 national and regional tenants, achieving 98% occupancy. This location benefits from a lighted intersection, providing excellent access for customers. The surrounding area demonstrates strong demographics, significantly outperforming the Tallahassee MSA, with projected population growth exceeding 1% annually for the next five years. Average household incomes within a 5-mile radius reach $83,600. The site's proximity to major roadways, including the Interstate-10 corridor, and its location within a primary retail node (over 9.8 million square feet of retail within 3 miles) ensures high visibility and a substantial customer base. The property's location near Tallahassee's university, government, and healthcare sectors further enhances its appeal. This is an ideal opportunity for service-based businesses or medical facilities seeking a high-traffic location in a rapidly growing market. The extensive trade area, spanning 30-40 miles, and the lack of comparable retail within 85 miles to the west and 65 miles to the northeast, underscores the unique advantages of this location in the capital city of Florida, the third-fastest-growing state in the US. The property's location within Leon County offers significant potential for future development and growth.
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
- -84.2541
- Latitude
- 30.4397
