Catylist Listing ID: 30611753
Property Subtypes: Multi-Family, Retail, Other
Gross Land Area: 3.20 Acres
Sale Price: $1,000,000
Unit Price: $312,500 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/6/2020

Overview / Comments

String of 6 properties aggregating to 3.2 acres, and only two properties away from having a full 4 acre block
Properties are subject to rezoning to UT, allowing for up to 50 units per acre - essentially creating the ideal location for
student housing development, or a mixed use student housing with options for retail underneath
The properties border Florida A&M University allowing easy access to and from all areas of campus for the 10,000+
students currently enrolled
This property is also minutes away from FSU, TCC, and Tallahassee's famous "College Town" which is the hub spot for a
majority of students and events

Attachments & Media

Additional Details

Nearest MSA: Tallahassee
County: Leon
Tax ID/APN: 4101460000070
Zoning: RP-2

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,045 97,893 154,239
Median Age: 24.05 27.26 29.36
Households: 4,400 39,943 64,035

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