Orange and 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: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
3/20/2020 |
Overview / Comments
|
Over 8 acres located south of Florida State University and West of Florida A & M University. Strategically located at the intersection of Orange Avenue and Springhill Road. 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.
|
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 |
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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The information presented herein is provided as is, without warranty of any kind.
Neither Tallahassee Board of REALTORS nor
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