5052 Tennessee Capital Blvd Tallahassee, FL 32303
- Lifestyle centers
- 0.53 lot acres
Current Use by Public Records
- Lifestyle centers
Property Details for 5052 Tennessee Capital Blvd
- Lot size
- 0.53 lot acres
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Tallahassee
- County
- Leon
- State
- Florida
- Longitude
- -84.3614
- Latitude
- 30.4615
