Welaunee Blvd Tallahassee, FL 32308

Property Details for 0 Welaunee Blvd

Lot size

1.00 lot acres

Property type

Land

Description

This exceptional 19-acre parcel presents a unique investment opportunity within Tallahassee's burgeoning Canopy community. Priced at $9,000,000, this high and dry town center site offers significant flexibility for developers and end-users alike. The property is already entitled for 170,000 square feet of commercial development, and includes a comprehensive infrastructure package. Utilities, storm drainage, and a rough grade are already in place, eliminating significant upfront costs. School and traffic concurrency mitigation is also complete. The site's central location within Canopy, a rapidly expanding master-planned community, ensures high visibility and accessibility. Potential development scenarios range from single-pad retail to large-scale mixed-use projects, including residential components. Pre-planned pad sizes are available, including options for big box retail, smaller retail spaces, office buildings, and multi-story mixed-use structures. The surrounding Canopy community boasts nearly 1700 residential units (a mix of apartments and houses), a significant entertainment facility under construction, and numerous established commercial entities, including a medical campus, assisted living facility, and orthopedic clinic. A future I-10 interchange planned nearby further enhances the property's long-term value. The sellers, experienced developers of the entire 500-acre Canopy development, are open to build-to-suit options, pad sales, ground leases, or a sale of the entire parcel. This is a rare opportunity to acquire a strategically located, fully prepared site in one of Tallahassee's fastest-growing areas. The potential for significant return on investment is substantial, given the current development momentum and future growth projections. The property is zoned PUD (Planned Unit Development).