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5485 Commonwealth - Hopkins Crossing PUD Light Industrial

28 Acres of Commercial Land in Tallahassee, FL 32304

Investment Highlights

  • Quick and easy access to Interstate 10 via traffic signal @ Commonwealth Blvd & Capital Circle NW
  • Tallahassee population exceeds 198,000 and the 5-year population growth forecast for the property 1-mile radius is 5.88%.
  • Zoning allows for light industrial, flex space, office, storage, warehouse, distribution & other uses. I-10 EXIT 196 services Tallahassee Airport.

Executive Summary

Will pay outside brokers with 3%.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Industrial
  • Distribution
  • Industrial Park
  • Office Park
  • Planned Unit Development
  • Research and Development
  • Self Storage
Total Lot Size 28.00 AC

1 Lot Available

Lot

Lot Size 28.00 AC

Fast & Easy Access to I-10 & Capital Circle NW; directly across from LOWES®. Utilities are near to site for connections. Site is irregular shaped. Seller will consider sub-dividing. Asking $3.25 per square foot

Description

Unimproved land ZONED LIGHT INDUSTRIAL. Close proximity I-10, signalized intersection @ Capital Circle NW. Land is part of the Hopkins Crossing PUD. Pre-development environmental permitting necessary. Actual 'buildable' acreage to be determined by wetland delineation. ASKING PRICE RECENTLY REDUCED TO $3.25/PSF and final land price will be based on 'buildable' land. Additional land within the PUD is available for sale - contact LA for details.

zoning

Zoning Code Light Industrial
Light Industrial
  • Listing ID: 25982850

  • Date on Market: 6/21/2022

  • Last Updated:

  • Address: 5485 Commonwealth, Tallahassee, FL 32304

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