5047 Tennessee Capital Blvd Tallahassee, FL 32303
This exceptional opportunity presents six contiguous lots totaling approximately 1.94 to 1.98 acres (exact acreage to be verified by survey) for sale in Northwest Tallahassee, Florida. Located on Tennessee Capital Blvd, these parcels are zoned AC (Activity Center) and range in size from approximately 0.47 acres to 0.63 acres. The property's strategic location offers excellent visibility and accessibility, situated near established retail centers and major thoroughfares such as Capital Circle NW and West Tennessee Street. This prime location provides convenient access to a thriving commercial corridor and a dense population base. The individual lots are ideal for a variety of commercial uses, including office buildings, retail spaces, or a strip shopping center. Each lot is priced at $80,000, offering a compelling investment opportunity for developers seeking to capitalize on the growing commercial landscape of Northwest Tallahassee. The APN numbers for the six lots are 21-30-60 B-0410; B-0420; B-0430; B-0440; B-0450; B-0460. Further details are available upon request.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.