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.
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Additional Details
| Nearest MSA: |
Tallahassee |
| County: |
Leon |
| Tax ID/APN: |
11092046700000 1109204700000 |
| Zoning: |
R-3 |
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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The information presented herein is provided as is, without warranty of any kind.
Neither Tallahassee Board of REALTORS nor
Moody's assume any liability for errors or omissions.
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