6034 W Tennessee St
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6034 W Tennessee St
13.43 Acres of Commercial Land Offered at $950,000 in Tallahassee, FL 32304
Investment Highlights
- Potential Multi-Family Development & Commercial Outparcel
- Less than 2 Miles from Amazon Facility
- +/- 280 Feet of Frontage on W Tennessee Street (Hwy 90)
- Zoning: CP & OR-2 (Allows Up to 16 Units/Acre)
- Only 1 Mile West from Capital Circle
- Traffic Count: 24,500 Vehicles/Day
Executive Summary
This +/- 13.5 acre site is ideally located just 1 mile west of Capital Circle, and less than 2 miles from a new 123,000 SF Amazon facility. The rear part of the property is zoned OR-2, which allows multi-family (up to 16 units/acre), as well as motels and office. The front +/- 2.5 acres are zoned CP (Commercial Parkway), which allows about any type of retail/commercial use. So, technically, a mixed-use project could easily be developed on this site, with retail/commercial in the front, and multi-family/housing in the rear, or multi-family throughout the entire property. Another option would be to develop the rear part of the property as a multi-family/housing development, and re-sale the +/- 2.5 acres of commercial/retail property in the front, and recoup a major portion of your original investment.
Property Facts
| Price | $950,000 | Property Subtype | Commercial |
| Sale Type | Owner User | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 13.43 AC |
| Property Type | Land |
| Price | $950,000 |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units |
| Total Lot Size | 13.43 AC |
1 Lot Available
Lot 1 & 2
| Price | $950,000 | Lot Size | 13.43 AC |
| Price Per AC | $70,737 |
| Price | $950,000 |
| Price Per AC | $70,737 |
| Lot Size | 13.43 AC |
This +/- 13.5 acre site is ideally located just 1 mile west of Capital Circle, and less than 2 miles from a new 123,000 SF Amazon facility.
PROPERTY TAXES
| Parcel Number | 21-30-20-206-000.0 | Improvements Assessment | $56,208 |
| Land Assessment | $577,862 | Total Assessment | $634,070 |
PROPERTY TAXES
Parcel Number
21-30-20-206-000.0
Land Assessment
$577,862
Improvements Assessment
$56,208
Total Assessment
$634,070
zoning
| Zoning Code | CP & OR-2 (Commercial Planned/ Office Residential) |
| CP & OR-2 (Commercial Planned/ Office Residential) |
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6034 W Tennessee St
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