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0 Welaunee Blvd - Canopy Town Center 15 Acres of Commercial Land Offered at $12,464,190 CAD in Tallahassee, FL 32308

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PROPERTY FACTS

Price $12,464,190 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Neighbourhood Centre
Total Lot Size 15.00 AC
Cross Streets 0 Dempsey Mayo Dr
Zoning PUD - Planned Unit Development

1 LOT AVAILABLE

Lot

Price $12,464,190 CAD
Price Per AC $830,945.99 CAD
Lot Size 15.00 AC

1 - 15 acres available for sale between $600,000 - $9M (varying by desired size)

DESCRIPTION

Seize the opportunity to develop within Canopy, Tallahassee’s premier masterplanned community. This 15-acre, high-and-dry town center parcel is fully entitled for 170,000 SF of commercial space and sits at the heart of the city’s fastest growing corridor. While the property is priced for the entire town center, single pad sites and smaller portions may be subdivided to accommodate various development needs. Backed by seasoned developers leading the 500-acre Canopy development, this site offers flexibility for build-to-suit, pad sales, ground leases, or outright land sales. The town center can also incorporate residential units above commercial spaces, with pricing adjustments of $25,000 per door for each residential unit added. Site Features & Infrastructure: • Entitled for 170,000 SF of mixed use commercial space • Delivered with rough grading, utilities, storm drain stubs, and off-site stormwater management (60% impervious coverage) • Entitlements and school/traffic concurrency (mitigation) in place • Strategically positioned in the center of Canopy, offering high visibility and accessibility With thousands of additional acres north of I-10 annexed into the city, Canopy Town Center marks the beginning of Tallahassee's long term expansion, offering decades of commercial and residential growth potential!

  • Listing ID: 19243752

  • Date on Market: 2020-04-16

  • Last Updated:

  • Address: 0 Welaunee Blvd, Tallahassee, FL 32308

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