Redevelopment Opportunity

Retail-Commercial for Sale
Also listed as Hospitality, Office
Catylist Listing ID: 30366393
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Street Retail, Other
Building Size (RSF): 10,666 SF
Gross Building Area: See Agent
Sale Price: $1,500,000
Unit Price: $140.63 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 5/20/2019

Overview / Comments

Currently a 10,666 SF Vacant Suntrust Bank Branch located on a rare large
lot with a retention pond in place. Perfect for a retail or hotel redevelopment
along Apalachee Parkway where sites this large are limited.

Property Highlights
• Dense Retail Corridor
• 2.48 AC (ample parking) with Retention Pond in Place
• Favorable Zoning within AC District | Allows Everything Except Heavy Industrial
• 250 Ft of Frontage Along Apalachee Parkway
• Nearby Developments Include Tru Hotel by Hilton, Holiday Inn, Ultimate Motors and Popeye's

Additional Details

Nearest MSA: Tallahassee
County: Leon
Tax ID/APN: 3104204600000
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention, Other
Property Visibility: Excellent
Largest Nearby Street: Capital Circle NE
Feet of Frontage: 250
Number of Stories: 2
Parking Description: Ample parking on 2.48 AC

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,379 53,379 132,140
Median Age: 30.22 31.84 31.74
Households: 4,234 24,422 54,405
© Copyright 2001-2019 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Tallahassee Board of REALTORS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.