5021 Tennessee Capital Blvd Tallahassee, FL 32303
This exceptional 1.5-acre commercial land parcel presents a unique investment opportunity. Strategically located in Leon County, Florida, this single-tenant property boasts excellent visibility and accessibility. Situated on Tennessee Capital Blvd, with Capital Circle NW as a cross street, the land benefits from a high traffic volume, boasting an impressive 35,500 AADT (Average Annual Daily Traffic) count at the intersection. The property is fully fenced, providing security and ease of use. Its AC (Activity Center) zoning allows for a variety of commercial uses, making it perfect for retail or office development. The location offers significant advantages, with close proximity to major retailers such as Walmart and Home Depot, ensuring high consumer traffic and brand recognition. The property's adjacency to the thriving Tennessee Capital Center, a bustling retail and office hub, further enhances its appeal and potential for success. The parcel's APN is 213060 B0500 213060 B0520 213060 B0010. This is a rare opportunity to acquire a prime commercial lot in a high-demand area with exceptional visibility and convenient access to major thoroughfares and established businesses. Don't miss this chance to secure a valuable asset in a rapidly growing market.
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.