Property profile

218 Ausley Rd Tallahassee, FL 32304

FOR SALE
Land
Property ID
US18-3650342
3.96 ac lot
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Property summary

AI-generated overview

This exceptional 3.96-acre commercial land parcel presents a unique investment opportunity in Tallahassee, Florida. Strategically located adjacent to Florida State University, this property boasts frontage on both West Pensacola Street and Ausley Road, providing excellent visibility and accessibility. Zoned University Transition (UT), the land is ideally suited for a variety of uses catering to the university community, including student services, student-oriented retail establishments, civic or social clubs, and restaurants. The property's proximity to Doak Campbell Stadium and its surrounding environment of student housing, restaurants, shops, and campus buildings ensures high foot traffic and a robust customer base. The APN is 21-34-20-639-0000. The asking price for this highly desirable location is $3,000,000. This prime location offers unparalleled potential for developers and investors seeking to capitalize on the thriving FSU ecosystem. The property's size and zoning provide ample flexibility for a wide range of development projects. Its strategic location near the stadium and the heart of campus activity guarantees a steady stream of potential customers and high visibility. This is a rare opportunity to acquire a significant land holding in a high-demand area with exceptional growth potential. The address is 218 Ausley Rd, Tallahassee, FL 32304.

Property profile

Verified
Property type Land
Lot 3.96 ac (172,498 SF)
UPID US18-3650342

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Church
  • Church

Location

218 Ausley Rd Tallahassee, FL 32304
Tallahassee metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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