6034 Tennessee St Tallahassee, FL 32304
- Land
- 13.43 lot acres
Current Use by Public Records
- Southeast Portable Buildings / Portable Building Manufacturer
- peavy construction co. / Construction Company
Property Details for 6034 Tennessee St
- Lot size
- 13.43 lot acres
- Property type
- Land
Description
This exceptional 13.43-acre commercial land parcel in Tallahassee, Florida, presents a unique development opportunity. Located just one mile west of Capital Circle and less than two miles from the future 123,000 square foot Amazon facility ("Project Cypress"), this property boasts significant frontage on West Tennessee Street (Highway 90), with approximately 280 feet of road exposure and a daily traffic count of 24,500 vehicles. The rear portion of the property (approximately 11.93 acres) is undergoing rezoning to OR-2, allowing for high-density multi-family development (up to 16 units per acre), along with motels and office spaces. The front portion (approximately 1.5 acres) is currently zoned CP (Commercial Parkway), suitable for most retail uses. This strategic location, combined with the potential for both multi-family housing and commercial development, makes this a compelling investment. The asking price of $950,000 allows developers to capitalize on the high-density zoning in the rear, creating much-needed housing near the Amazon facility, while simultaneously developing or reselling the commercial outparcel in the front to recoup a significant portion of the initial investment. The property's zoning flexibility and proximity to major transportation routes and a significant employer make it an attractive proposition for investors seeking strong returns. The Leon County location and 32304 zip code further enhance its appeal.
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
- -84.3755
- Latitude
- 30.4568
