4122 Floam AveTallahassee, FL 32304

  • Land
  • 8.41 AC
For Sale
$750,000 View listing

Property Details for 4122 Floam Ave

Year built
1974
Lot size
8.41 AC
Property type
Land
Property subtype
Commercial land
APN
21-32-20-407-000-0
APU
2132204070000

Description

This exceptional 8.41-acre industrial lot, situated at 4122 Floam Ave, Tallahassee, FL 32304, presents a unique development opportunity. Zoned M1-Light Industrial, the property offers significant potential for a variety of businesses. Its strategic location just off West Pensacola Street provides excellent visibility and accessibility, boasting approximately 359 linear feet of frontage. The site benefits from proximity to Tallahassee International Airport (3.3 miles), Interstate 10 (4 miles), Tallahassee Community College (1 mile), and Florida State University (3.4 miles), ensuring high traffic counts (estimated 17,771 daily on W. Pensacola/Nina). The asking price is $750,000, translating to approximately $95,125 per acre. Access is via an easement on Floam Avenue, with additional access options potentially available. The property's adjacency to areas zoned Commercial Parkway and Medium Density Residential suggests potential for future rezoning. This location offers a great signage opportunity and is ideal for businesses seeking high visibility and convenient access to major transportation routes.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $86,801,288
    Hospitality
    $79,509,512
    Educational
    $66,150,984
    Medical
    $68,426,016
    Retail
    $102,901,528
4122 Floam Ave, Tallahassee, Florida

Location Insight

City
Tallahassee
County
Leon
State
Florida
Latitude
30.4363
Longitude
-84.347
CBSA code
45220
CBSA name
TALLAHASSEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,253
$84,100
-
$84,100
-
$84,100
-
$84,100

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