OPPORTUNITY ZONE REDEVELOPMENT SITE! Listing Details & Market Data

Opportunity Zone! Tallahassee's West Tennessee Street area is a redevelopment hot-bed. Since 2021, this 2-mile stretch has has turned over fifteen recently developed or redeveloped properties. Sales have ranged from $600,000 for vacant acre to a $14 million dollar, 2017-built, multi-family student complex. This property, located in an Opportunity Zone, returns to the marketplace during a dynamic redevelopment period in this student zone. The parcel is located within a quarter of mile of Tallahassee State College (new emphasis on 4 year degrees) with over fifteen thousand students, in an area with more than 4500 student-beds within walking distance. There are 4 banks, 5 pharmacies, several new car dealerships, including Tesla and Kia, as well as an Acura brand expansion along this corridor. It is ripe for redevelopment. There is one restaurant within a mile of this location. FDOT Traffic Count: 36,500/dayOpportunity Zone! West Tennessee Street is a redevelopment hot-bed. Since 2021, this 2-mile stretch has has turned over fifteen properties for development or redevelopment. Sales have ranged from $600,000 for vacant acre to a $14 million dollars 2017-built multi-family student complex. This property, located in an Opportunity Zone, returns to the marketplace during a dynamic redevelopment period in this student zone. The parcel is located within a quarter of mile from Tallahassee Community College with over fifteen thousand students, in an area with more than 4500 student beds with walking distance. There are 4 banks, 5 pharmacies, several new Car dealerships, including Tesla and Kia and an Acura expansion along this corridor. It is ripe for redevelopment. There is one restaurant. FDOT Traffic County 36,500/day