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Property profile & analytics
OFF-MARKET
Land

0 Continental Ave. & High Rd Tallahassee, FL 32304

0.88 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.88-acre commercial land parcel presents a remarkable investment opportunity in Tallahassee, Florida. Located at the intersection of Continental Ave. and High Road, this property boasts an advantageous MR-1 zoning designation, permitting up to 20 units per acre, making it ideally suited for a multi-family housing development. The strategic location offers unparalleled proximity to Florida State University (less than a mile away) and Doak Campbell Stadium (1.3 miles), ensuring high demand and strong rental potential. The property's address is Continental Ave. & High Road, Tallahassee, FL 32304, with a tax ID number of 2127204240000. This prime location, combined with the high-density zoning, creates a compelling opportunity for developers seeking to capitalize on the robust student housing market and the overall growth of the Tallahassee area. The 0.88-acre lot size provides ample space for a substantial development project. Given its location and zoning, this property is poised for significant appreciation and offers a strong return on investment. Serious inquiries are encouraged.

Property profile
Verified
Property type Land
Lot 0.88 ac (38,333 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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