Orange Ave & Springhill Rd Tallahassee, FL 32310
- Land
Current Use by Public Records
- Land
Property Details for 0 Orange Ave & Springhill Rd
- Property type
- Land
Description
This exceptional 2.5-acre commercial and residential land parcel presents a remarkable investment opportunity in Tallahassee, Florida. Strategically situated at the signalized intersection of Orange Avenue and Springhill Road, this property boasts a daily traffic count of 11,919 vehicles. Its location south of Florida State University and west of Florida A&M University ensures high visibility and accessibility. The property is zoned M-1, offering flexibility for various development projects. Existing utility connections simplify the development process. Furthermore, this site benefits from the HUB Zone designation, providing access to economic incentives. Blueprint 2000, a significant infrastructure improvement plan, has allocated over $60 million for road improvements in the area, promising enhanced accessibility and property value appreciation. The asking price is $950,000. The property's APN is 4111206980000. The seller is willing to accommodate a rezoning process if needed by the buyer. This is a rare opportunity to acquire a prime piece of land in a rapidly growing area with substantial development potential.
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
- -84.3505
- Latitude
- 30.4192
