NE Corner lot Mahan & Dempsey Mayo

Vacant Land for Sale
Catylist Listing ID: 30344577
Property Subtypes: Office, Retail
Gross Land Area: 3.29 Acres
Sale Price: $1,250,000
Unit Price: $379,939 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/8/2018

Overview / Comments

This 3.29 acre parcel, zoned Mahan Corridor Node, is an awesome, rare opportunity for one of the last hard corners a long Mahan Drive in NE Tallahassee. The piece has approximately 345 feet of frontage on Mahan Drive and also sits at a lighted intersection. The traffic count for this piece is also impressive at 19,500, but it does help that it al sits in-between Capital Circle NE and the I-10 which are some of Tallahassee's largest roads. There's also multiple large developments of all types in that immediate area including: Residential-The Villages at Mahan, Retail-Publix, Costco, Walmart, Bass Pro, Academy Sporting Goods, Dollar Tree, Mutifamily-Arbor Properties, and Office Space-Dempsey Mayo Office Park which that was directly at built on the adjacent parcel. The recent growth in this area is exponential and shows that it is a hot place to be.

Additional Details

Nearest MSA: Tallahassee
County: Leon
Taxing Authority: Leon County
Tax ID/APN: 123206160000
Zoning: MAHAN CORRIDOR NODE
Largest Nearby Street: Mahan & Dempsey Mayo
Feet of Frontage: 345
Traffic/Vehicle Count: 19,500
Site Description: The piece has approximately 345 feet of frontage on Mahan Drive and also sits at a lighted intersection.
Area Description: There's also multiple large developments of all types in that immediate area including: Residential-The Villages at Mahan, Retail-Publix, Costco, Walmart, Bass Pro, Academy Sporting Goods, Dollar Tree, Mutifamily-Arbor Properties, and Office Space-Dempsey Mayo Office Park which that was directly at built on the adjacent parcel. The recent growth in this area is exponential and shows that it is a hot place to be.
Zoning Description: Mahan Corridor Node

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,746 40,017 119,362
Median Age: 43.4 37.72 36.68
Households: 2,178 18,491 50,709
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