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324 N. Adams Street

Tallahassee, FL 32301

Leon County, Florida

1.02 Acres
$1,495,000 USD
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Property Description

The property is an impervious ½ city block (1.02 acres) of land primed for redevelopment, located in between Midtown and Downtown Tallahassee and 3 blocks south of the Florida Governor's Mansion. Subject is zoned Central Core (Cc) which is the most dense zoning designation within the city limits and permits up to 150 dwelling units per acre. The 9,078 SF structure on site is generating a net operating income of $8,200 a month with 7 months remaining on their lease, thus providing the potential developer a steady cash flow during the permitting process.

Generating substantial cash flow in the short term

1,824 businesses within 1 mile radius

43,877 daytime population within 1 mile radius

Situated in between Midtown and Downtown Tallahassee and 3 blocks south of the Florida Governor's Mansion.

Property Maps & Attachments

More Property Details

Has Commercial Building
COMMERCIALFLIP ID
275499
Posted on COMMERCIALFLIP
61 Days Ago
Last Updated
59 Days Ago
Views
4
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