Orange Avenue & Springhill Road

Vacant Land for Sale
Catylist Listing ID: 30216111
Property Subtypes: Industrial, Multi-Family, Office
Gross Land Area: 7.50 - 8 Acres
Sale Price: $1,000,000
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 1/21/2021

Overview / Comments

7.5 acres available for sale, located south of Florida State University and west of Florida A&M University. Strategically located at the intersection of Orange Avenue and Springhill Road. Utility connection at site. Blueprint 2000 has over sixty million dollars allocated for road improvements which should benefit property. Owners will allow time for Buyer to go through a rezoning process should it be desired. Economic Incentives: HUB Zone. Parcel can be divided - contact for more information.

Additional Details

Nearest MSA: Tallahassee
County: Leon
Taxing Authority: Leon County
Tax ID/APN: 41-11-20-698-0000
Zoning: M-1 & R3
Property Located Between: Orange Avenue, Springhill Road
Property Visibility: Excellent
Legal Description: 11 1S 1W 8.253 A IN NE 1/4 OF SW 1/4 DB 249/431 OR 1010/2086
Largest Nearby Street: Orange Avenue
Feet of Frontage: 350
Traffic/Vehicle Count: 11,455
Airports: TLH
Site Description: Vacant property divided by stormwater conveyance ditch. West 5+/- Acres zoned R3 and East 3+/- Acres zoned M-1. Owner will provide due diligence period for a rezoning/PUD process.
Area Description: Just south of Florida State University and west of Florida A & M University. Heavily trafficked roadway with almost $60 Million roadway improvements planned by Blueprint 2000/City of Tallahassee.
Lot Frontage: 350
Lot Depth: 435
Zoning Description: Zoning is currently M-1, Light Industrial on the corner of Orange and Springhill Road and R-3, Multifamily on the western property location. Total acreage of site will qualify for a PUD if investor is interested in changing the zoning/use.
Topography: Level
Easements: Other
Easements Description: Property is Divided by a Stormwater Ditch which allow the property to be sold as separate parcels.
Available Utilities: Electric, Water, Gas, Sewer, Cable, Broadband, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,890 76,109 143,125
Median Age: 28.81 26.22 28.62
Households: 3,085 29,087 58,716
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