0 Okeeheepkee Rd And Vickers Rd Tallahassee, FL 32303
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.