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Property profile & analytics
OFF-MARKET
Land

0 Alexis Ct Tallahassee, FL 32308

5.26 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 5.26-acre development site in Tallahassee, Florida, presents a remarkable opportunity for residential construction. Located on Alexis Ct, in Leon County (APN: 112251 I2300), this property boasts R-3 zoning, already approved for the construction of a 40-unit townhome community. The site plan includes 20' x 45' build pads for each unit, providing ample space for comfortable and modern townhome designs. The asking price is $825,000. This prime location in the 32308 zip code offers convenient access to Tallahassee's amenities and attractions. The substantial lot size and pre-approved zoning significantly reduce development hurdles, making this an attractive investment for builders and developers seeking a streamlined path to creating a thriving residential community. Detailed site plans are available upon request. This is a rare opportunity to acquire a fully permitted and ready-to-develop residential land parcel in a desirable Tallahassee location. Don't miss out on this chance to capitalize on the strong demand for housing in this growing area. Contact us today to learn more.

Property profile
Verified
Property type Land
Lot 5.26 ac (229,126 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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