For Sale
$1,320,000

4106 Monroe StTallahassee, FL 32303

11.49 Acres, 14,240 SF Potential

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 11.49-acre mixed-use development opportunity in Tallahassee, Florida, presents a unique investment prospect. Located at 4106 N Monroe St, this property offers significant potential for both commercial and residential development. The existing design plans encompass approximately 14,240 square feet of commercial space, complemented by plans for 22 residential lots. The property is situated adjacent to a Circle K, providing convenient access and high visibility. The site is currently undergoing the final stages of permitting review with Leon County. This allows for flexibility; the property can be purchased with the existing design plans or after the permits are finalized, although pricing and design may be subject to change post-permitting. The asking price is $1,320,000, translating to a price per square foot of $92.70. The property is offered fee simple, providing complete ownership. This prime location and comprehensive development plan make this an attractive investment for developers seeking a high-return opportunity in a growing market. The property includes one existing two-story building. Note that the land value per acre is currently listed as $0/acre.

Highlights

  • $1,320,000 asking price for 11.49 acres of mixed-use land.
  • 14,240 square feet of potential commercial space and 22 residential lots.
  • Located at 4106 N Monroe St, Tallahassee, FL 32303, adjacent to Circle K.
  • Permitting in late-stage review with Leon County.
  • Fee simple ownership with broker co-op available.

Property Details for 4106 Monroe St

Property type
Mixed-use properties
Square Feet
14,240 SF
Buildings
1
Stories
2
Lot Size (sq. ft)
500,504 SF

Location Insight

City
Tallahassee
County
Leon
State
Florida
Latitude
30.510430061417
Longitude
-84.34169082573
4106 Monroe St, Tallahassee, Florida

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4106 Monroe St
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