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Property profile & analytics
OFF-MARKET
Lifestyle centers

5052 Tennessee Capital Blvd Tallahassee, FL 32303

0.53 ac lot
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents six commercial lots for sale in Northwest Tallahassee, Florida, situated on Tennessee Capital Blvd. The lots range in size from approximately 0.53 acres to 0.69 acres, and are zoned Activity Center, offering significant development potential. All lots are conveniently located near established retail centers, providing excellent visibility and accessibility. The property's strategic location offers easy access to Capital Circle NW and W. Tennessee Street, ensuring high traffic volume and exposure to a substantial customer base. The lots are available for purchase individually or as a portfolio. An additional six comparable lots are available across the street. Note that a separate, larger parcel of 3.58 acres is also available, and conceptual plans show the potential for 44 residential units on this larger parcel. This presents a unique opportunity to acquire a significant land holding in a thriving commercial area of Tallahassee, with potential for various retail developments or mixed-use projects. The property's location and zoning make it an attractive investment for developers seeking to capitalize on the growing demand for retail space in this dynamic area of the city. The asking price is $500,000. Contact us today to learn more about this exciting opportunity.

Property profile
Verified
Property type Lifestyle centers
Lot 0.53 ac (23,087 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
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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