4106 Monroe St Tallahassee, FL 32303
- Mixed-use properties
- 14,240 SF
- 11.49 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 4106 Monroe St
- Lot size
- 11.49 lot acres
- Property size
- 14,240 SF
- Property type
- Mixed-use properties
Description
This exceptional 11.49-acre mixed-use development opportunity in Tallahassee, Florida, presents a unique investment prospect. Located at 4106 N Monroe St, this property offers significant potential for both commercial and residential development. The existing design plans encompass approximately 14,240 square feet of commercial space, complemented by plans for 22 residential lots. The property is situated adjacent to a Circle K, providing convenient access and high visibility. The site is currently undergoing the final stages of permitting review with Leon County. This allows for flexibility; the property can be purchased with the existing design plans or after the permits are finalized, although pricing and design may be subject to change post-permitting. The asking price is $1,320,000, translating to a price per square foot of $92.70. The property is offered fee simple, providing complete ownership. This prime location and comprehensive development plan make this an attractive investment for developers seeking a high-return opportunity in a growing market. The property includes one existing two-story building. Note that the land value per acre is currently listed as $0/acre.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Tallahassee
- County
- Leon
- State
- Florida
- Longitude
- -84.3417
- Latitude
- 30.5104
