0 Mahan Dr Tallahassee, FL 32308
This exceptional commercial real estate offering presents a unique opportunity to acquire up to 8.48 +/- acres of land in Tallahassee, Florida. The property, located on Mahan Drive, comprises three potential parcels. Lot 1 encompasses 2.82 +/- acres, priced at $1,130,000. Lot 2, measuring 3.19 +/- acres, is listed at $1,275,000. A potential third lot, situated to the east of the first two, adds another 2.47 +/- acres, and is currently unpriced. The property is zoned OR-3 (Office Residential), offering considerable flexibility for development. The existing 2,732 square foot single-family dwelling on Lot 2 presents a potential conversion opportunity for office space. This prime location provides convenient access to I-10 and Capital Circle NE, making it ideal for a variety of uses, including daycare or small school facilities, medical or professional offices, or multiple residential dwellings. The APN numbers for the parcels are 11-29-20-405-000, 11-29-20-401-000, and 11-28-20-624-0000. The property is situated in Leon County, Florida, with a Tallahassee zip code of 32308. This is a rare opportunity to acquire a substantial land parcel in a high-demand area. Contact us today to learn more about this exciting investment prospect.
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
Similar Nearby for Sale
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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.