154 Lot Subdivision Platted & Approved

Vacant Land for Sale
Catylist Listing ID: 30324272
Property Subtypes: Industrial, Residential (Single Family), Other
Gross Land Area: 42 Acres
Sale Price: $695,000
Unit Price: $16,547 Per Acre
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 1/14/2019

Overview / Comments

42 +- Acres
$4,512 per Lot or $16,550 per Acre
“Tower Creek” Approved, Engineered, Fully Permitted!
Environmental permit is active (through Dec. 2019)
Concurrency paid and in place
Over $280,000 in soft costs alone
Our market data shows an extreme shortage of new homes for first time home buyers.
Single family product in the market will sell for $180K to $225K
Zoning – R3, easily converted to M-1, Light Industrial
Commercial & Industrial zoning easily achievable
Site plan included (most lots are 50x100)
Possible Owner Financing

Attachments & Media

Additional Details

Nearest MSA: Tallahassee
County: Leon
Taxing Authority: Leon County
Tax ID/APN: 2106510000500,2106510000240, 2106510000420, 2106510000830,2106510000800
Zoning: R3 & I
Site Description: “Tower Creek” Approved, Engineered, Fully Permitted! Environmental permit is active (through Dec. 2019) Concurrency paid and in place Over $280,000 in soft costs alone
Area Description: Near Capital Circle NW / Tower Road/ N Monroe Street
Zoning Description: One parcel is zoned Industrial - the remaining lots zoned R-3
Development Name: Tower Creek

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,658 19,876 59,341
Median Age: 34.08 33.68 32.21
Households: 636 7,902 24,656
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