For Sale
$950,000

0 Orange Ave & Springhill RdTallahassee, FL 32310

Prime Tallahassee location, high traffic, development potential.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 2.5-acre commercial and residential land parcel presents a remarkable investment opportunity in Tallahassee, Florida. Strategically situated at the signalized intersection of Orange Avenue and Springhill Road, this property boasts a daily traffic count of 11,919 vehicles. Its location south of Florida State University and west of Florida A&M University ensures high visibility and accessibility. The property is zoned M-1, offering flexibility for various development projects. Existing utility connections simplify the development process. Furthermore, this site benefits from the HUB Zone designation, providing access to economic incentives. Blueprint 2000, a significant infrastructure improvement plan, has allocated over $60 million for road improvements in the area, promising enhanced accessibility and property value appreciation. The asking price is $950,000. The property's APN is 4111206980000. The seller is willing to accommodate a rezoning process if needed by the buyer. This is a rare opportunity to acquire a prime piece of land in a rapidly growing area with substantial development potential.

Highlights

  • $950,000 asking price for 2.5 acres of commercially and residentially zoned land (M-1) in Tallahassee, FL.
  • Located at the signalized intersection of Orange Ave & Springhill Rd, south of FSU and west of FAMU.
  • High traffic count (11,919 CPD) and existing utility connections.
  • Eligible for HUB Zone economic incentives.
  • Blueprint 2000 allocates over $60M for nearby road improvements.

Property Details for 0 Orange Ave & Springhill Rd

Property type
Land

Location Insight

City
Tallahassee
County
Leon
State
Florida
Latitude
30.419161
Longitude
-84.3504913
Orange Ave & Springhill Rd, Tallahassee, Florida

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0 Orange Ave & Springhill Rd
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