5052 Tennessee Capital Blvd Tallahassee, FL 32303
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.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.