0 Continental Ave. & High Rd Tallahassee, FL 32304
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.
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.