Property profile

0 Okeeheepkee Rd And Vickers Rd Tallahassee, FL 32303

OFF-MARKET
Land
1.62 ac lot
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Property summary

AI-generated overview

This exceptional 1.62-acre parcel of land presents a unique opportunity for residential development in a high-traffic area of Tallahassee, Florida. Located at the corner of Okeeheepkee Road and Vickers Road, this property boasts a highly desirable location directly across from the new Capital Regional Medical Center. The lot is zoned LP and offers significant potential for residential construction. With an APN of 21-15-51-452-1145, this property is conveniently situated near a wealth of amenities and services. The high visibility location benefits from excellent access to North Monroe Street, a major thoroughfare with a traffic count of 34,500 ADT. This ensures high visibility and accessibility for any future development. Nearby conveniences include a Walmart Supercenter, Burger King, Waffle House, Taco Bell, and several hotels such as Fairfield Inn & Suites, Sleep Inn & Suites, and Best Western North, providing residents with a wide range of options for shopping, dining, and lodging. The asking price for this exceptional property is $250,000. This represents a compelling investment opportunity in a rapidly growing area of Tallahassee. The property's strategic location and proximity to major roadways and amenities make it an ideal choice for residential development.

Property profile

Verified
Property type Land
Lot 1.62 ac (70,567 SF)

Cap rate & NOI

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

Location

Okeeheepkee Rd And Vickers Rd 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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