OPPORTUNITY ZONE REDEVELOPMENT SITE!

For Sale

2633 West Tennessee Street, Tallahassee, FL 32304

This Tallahassee property for sale is located at 2633 West Tennessee Street. The current listed sale price for OPPORTUNITY ZONE REDEVELOPMENT SITE! is $1,250,000. OPPORTUNITY ZONE REDEVELOPMENT SITE! is situated on a lot that is 0.99 acre in size.

Contacts

broker

Colleen Castille

NAI TALCOR

(850) 224-2300

Property Details

  • Property Type VacantLand
  • Property Size 5,267 SF
  • Units 18
  • Lot Size 0.99 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1952
  • Date Updated Mar 25, 2024
Opportunity Zone! Tallahassee's West Tennessee Street area is a redevelopment hot-bed. Since 2021, this 2-mile stretch has has turned over fifteen recently developed or redeveloped properties. Sales have ranged from $600,000 for vacant acre to a $14 million dollar, 2017-built, multi-family student complex. This property, located in an Opportunity Zone, returns to the marketplace during a dynamic redevelopment period in this student zone. The parcel is located within a quarter of mile of Tallahassee State College (new emphasis on 4 year degrees) with over fifteen thousand students, in an area with more than 4500 student-beds within walking distance. There are 4 banks, 5 pharmacies, several new car dealerships, including Tesla and Kia, as well as an Acura brand expansion along this corridor. It is ripe for redevelopment. There is one restaurant within a mile of this location. FDOT Traffic Count: 36,500/dayOpportunity Zone! West Tennessee Street is a redevelopment hot-bed. Since 2021, this 2-mile stretch has has turned over fifteen properties for development or redevelopment. Sales have ranged from $600,000 for vacant acre to a $14 million dollars 2017-built multi-family student complex. This property, located in an Opportunity Zone, returns to the marketplace during a dynamic redevelopment period in this student zone. The parcel is located within a quarter of mile from Tallahassee Community College with over fifteen thousand students, in an area with more than 4500 student beds with walking distance. There are 4 banks, 5 pharmacies, several new Car dealerships, including Tesla and Kia and an Acura expansion along this corridor. It is ripe for redevelopment. There is one restaurant. FDOT Traffic County 36,500/day

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Highlights

  • OPPORTUNITY ZONE INVESTMENT LOCATION
  • Nearly an acre of land (.99)
  • Located in a vibrant college town with three large colleges
  • 300 feet frontage on US Highway 90/West Tennessee Street
  • Redevelopment parcel - motel is obsolete
  • Traffic Count 36,500 vehicles per day

Attachments

Getting around

  • 39/100

    Walk Score ®

  • 42/100

    Transit Score ®

  • 74/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Tallahassee, FL
  • Neighborhood Bloxham Terrace
  • Zip Code 32304
  • Market Tallahassee

Points of Interest

  • Arco

    0.10 miles

  • Marathon

    0.68 miles

  • Marathon

    0.87 miles

  • Shell

    0.91 miles

  • Petro

    1.30 miles

  • Chevron

    1.33 miles

  • Shell

    1.43 miles

  • Texaco

    1.56 miles

  • Exxon

    1.60 miles

  • Marathon

    1.67 miles

  • Stadium Green Lot

    1.77 miles

  • Parking Garage #3

    1.92 miles

  • Woodward Avenue Garage

    2.27 miles

  • Pensacola Street Parking Garage

    2.36 miles

  • Traditions Way Garage

    2.41 miles

  • Lot 341

    2.42 miles

  • FSU Commuter Parking

    2.53 miles

  • Call Street Garage

    2.85 miles

  • Palm Court Parking Lot

    2.86 miles

  • Saint Augustine Street Garage

    2.89 miles

  • Cactus Motel

    0.01 miles

  • Budget Inn

    1.82 miles

  • WoodSpring Suites

    1.85 miles

  • Days Inn by WyndhamTallahassee University Center

    1.88 miles

  • Holiday Inn Express Tallahassee-University Central

    1.91 miles

  • Sleep Inn

    2.20 miles

  • University Inn & Suites Tallahassee

    2.58 miles

  • Hotel Indigo Tallahassee - Collegetown

    2.60 miles

  • Holiday Inn & Suites Tallahassee Conference Center N

    2.60 miles

  • Country Inn & Suites by Radisson, Tallahassee Northwest I-10

    2.61 miles

  • New Seoul Oriental Market

    0.08 miles

  • Publix

    1.12 miles

  • Lucky

    1.20 miles

  • ALDI

    1.26 miles

  • Target

    1.36 miles

  • Bealls

    1.43 miles

  • Ross

    1.45 miles

  • Walmart Supercenter

    1.57 miles

  • Winn-Dixie

    1.65 miles

  • Walmart Supercenter

    2.78 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Colleen Castille

NAI TALCOR

(850) 224-2300