453 All Saints St Tallahassee, FL 32301-2223
This exceptional 1.49-acre commercial land parcel presents a unique investment opportunity in Tallahassee, Florida. Located at 453 All Saints Street, this property boasts a prime location just south of the planned new College of Business at Florida State University (FSU). Its strategic position offers unparalleled proximity to key attractions, including the FSU Civic Center, College Town, and Doak Campbell Stadium, ensuring high visibility and accessibility. The property consists of two parcels and is zoned ASN-B, allowing for a high-density development of up to 50 units per acre, making it ideal for a mixed-use project. This translates to significant development potential, catering to a diverse range of uses. Further enhancing its appeal, this property is situated within an Opportunity Zone, offering potential tax advantages for investors. The site's history as a former Coca-Cola bottling plant adds a unique character to this already compelling investment opportunity. With its strategic location, favorable zoning, and potential for high-density development, this property represents a rare chance to capitalize on Tallahassee's thriving commercial real estate market. The asking price is $2,500,000. The property's zip code is 32304, and it is situated in Leon County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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