Motel Lot for Redevelopment
0.99 Acres of Commercial Land Offered at $1,250,000 USD in Tallahassee, FL 32304
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $1,250,000
- Property Type
-
Land
Listing Contacts
Colleen Castille
Verified Profile
- Property Info
Property Overview
This .99 acre of property is fully permitted with approval to build a drive-thru restaurant and separate retail space. Motel is planned for demolition in this permit. There will be two ingress/egress curb cuts. There is only 1 restaurant within 1 mile either side of this property. Six properties within a radius of a mile have been sold and redeveloped in the past two years. It is the next vibrant location for re-development in this college town. Sits between FSU and Tallahassee Community College (renamed as Tallahassee State College offering 4-year degrees.
Property Details
- Property Subtype
- Commercial
Highlights
- Fully permitted for redevelopment
- Drive-thru -1500SF and retail- 3600SF
- Traffic Count: 41,500 vehicles daily
- 300 feet frontage on West Tennessee Street
- In the U.S. 90 redevelopment area
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