0 Tennessee St Tallahassee, FL 32304
This exceptional 2.83-acre commercial land parcel presents a unique investment opportunity in Tallahassee, Florida. Located at the highly visible corner of Bethel Church Road and West Tennessee Street, this property boasts significant frontage on West Tennessee Street, a major thoroughfare with an impressive 18,500 AADT (Average Annual Daily Traffic). The lot is part of a partially developed area and benefits from an existing curb cut and median break, simplifying development and access. Zoned CP (Commercial Parkway), this site is ideally suited for a variety of commercial uses, offering excellent visibility and accessibility. The property's location west of Capital Circle provides easy access to major transportation routes and a thriving commercial district. The APN is 22-25-20-235-0000. This strategically positioned land offers substantial potential for developers and investors seeking a high-traffic location in a growing area of Tallahassee. The property's size and zoning make it suitable for a wide range of commercial developments, capitalizing on the high volume of daily traffic. The existing infrastructure, including the curb cut and median break, further enhances its development potential. This is a rare opportunity to acquire a prime commercial lot in a desirable Tallahassee location. The asking price is $565,000. Leon County, Florida, zip code 32304.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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