0 Welaunee BlvdTallahassee, FL 32308

Property Details for 0 Welaunee Blvd

Lot size

1.00 AC

Property type

Other commercial real estate

Property subtype

Other land

Description

This exceptional 19-acre parcel presents a unique investment opportunity within Tallahassee's burgeoning Canopy community. Priced at $9,000,000, this high and dry town center site offers significant flexibility for developers and end-users alike. The property is already entitled for 170,000 square feet of commercial development, and includes a comprehensive infrastructure package. Utilities, storm drainage, and a rough grade are already in place, eliminating significant upfront costs. School and traffic concurrency mitigation is also complete. The site's central location within Canopy, a rapidly expanding master-planned community, ensures high visibility and accessibility. Potential development scenarios range from single-pad retail to large-scale mixed-use projects, including residential components. Pre-planned pad sizes are available, including options for big box retail, smaller retail spaces, office buildings, and multi-story mixed-use structures. The surrounding Canopy community boasts nearly 1700 residential units (a mix of apartments and houses), a significant entertainment facility under construction, and numerous established commercial entities, including a medical campus, assisted living facility, and orthopedic clinic. A future I-10 interchange planned nearby further enhances the property's long-term value. The sellers, experienced developers of the entire 500-acre Canopy development, are open to build-to-suit options, pad sales, ground leases, or a sale of the entire parcel. This is a rare opportunity to acquire a strategically located, fully prepared site in one of Tallahassee's fastest-growing areas. The potential for significant return on investment is substantial, given the current development momentum and future growth projections. The property is zoned PUD (Planned Unit Development).

Location Insight

City

Tallahassee

County

Leon

State

Florida

Latitude

30.4821

Longitude

-84.2238

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