Residential Development Opportunity

Vacant Land for Sale
Catylist Listing ID: 30799973
Property Subtypes: Multi-Family, Residential (Single Family), Other
Gross Land Area: 7.76 Acres
Sale Price: $960,000
Unit Price: $123,711 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/23/2023

Overview / Comments

Two lots totaling 7.76 acres for sale on Olson Road. Sale includes a 2,996 sq. ft. home on the grounds, which has 4 bedrooms and 3 bathrooms and can be used as a clubhouse for a residential community development. Property is zoned R-3, which allows up to eight units per acre for detached single-family dwellings as well as attached two-family residential. The house is occupied so call to schedule a showing time.

Property is located less than two miles to Capital Regional Medical Center and approximately a two mile drive to the I-10 Interchange in the Northeast area of Tallahassee.

Attachments & Media

Additional Details

Nearest MSA: Tallahassee
County: Leon
Tax ID/APN: 11092046700000 1109204700000
Zoning: R-3

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,735 46,266 126,027
Median Age: 35.4 42.61 35.33
Households: 3,360 20,497 52,014


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