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1735 Mahan Dr 1.58 Acres of Commercial Land Offered at $1,384,362 CAD in Tallahassee, FL 32308
INVESTMENT HIGHLIGHTS
- Prime location with high visibility, traffic, and proximity to FSU, TLH, Govt., shops, Interstate 10 and US 90, etc.
- 1.58 acres, suitable for multi-story hotel development with ample parking and amenities
- OR-2 Zoning, which includes all C-1 uses, ready for commercial or residential use
EXECUTIVE SUMMARY
OR-2 Zoning, which includes all C-1 uses, ready for commercial or residential use
Prime location with high visibility, traffic, and proximity to FSU, TLH, Govt., shops, Interstate 10 and US 90, etc.
1.58 acres, suitable for multi-story hotel development with ample parking and amenities
Unlimited Potential Uses: Possible uses include Bank, Office Space, Medical/Dental, Residential, Drug store, Grocery, Restaurants with or without Drive through, Hotel or Motel, Nursing Home, Multi Family Dwelling, Single Family Attached/Detached, etc.
Ideal Location: Prime location inside Capital Circle with great frontage on Mahan, a central and high-flow traffic area in Tallahassee. This 1.58-acre property offers outstanding visibility and easy access to major highways, including Interstate 10 and US 90, Florida State University, government offices, and Tallahassee international Airport.
Proximity to Key Areas:
10-minute drive to Florida State University; FSU Law; FSU College of Medicine
Local Government & Business District: 10 minutes
Tallahassee International Airport: 20 minutes
Surrounded by business, retail, and dining options
PROPERTY FACTS
| Price | $1,384,362 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.58 AC |
| Property Type | Land | No. Stories | 1 |
| Zoning | OR-2 - Residential Office - 2 | ||
| Price | $1,384,362 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.58 AC |
| No. Stories | 1 |
| Zoning | OR-2 - Residential Office - 2 |
1 LOT AVAILABLE
Lot
| Price | $1,384,362 CAD | Lot Size | 1.58 AC |
| Price Per AC | $876,178.21 CAD |
| Price | $1,384,362 CAD |
| Price Per AC | $876,178.21 CAD |
| Lot Size | 1.58 AC |
Measurements of Property: 558.4' x 502' x 141.7' x 130' 1.58 Acres
DESCRIPTION
Highest and best possible use of the property is a hotel. This is a wonderful investment/development opportunity. Prime location on Mahan Dr inside Capital Circle with great frontage on Mahan. Zoned OR-2 (which also permits anything within C-1 Zoning). Possible uses include Bank, Drug store, Grocery, Restaurants with/without Drive through, Hotel or Motel, Nursing Home, Multi Family Dwelling, Single Family Attached/Detached, Zero Lot Line Single Family Detached. Permitted Density of 16 houses per Acre. There are two existing houses on the property, the front one (1842 Sq/Ft) can be converted into Medical/Dental or other offices, the rear one (1314 Sq/Ft) as well. Or the rear one can be cleared to maximize lot usage for development. Perfect for a Medical Professional who would like to create their offices at the front with maximum exposure and great development potential at the rear. Mahan Dr is one of the busiest streets in Tallahassee. This opportunity is too good to just be used as a Dental/Medical Office at the front and deserves to be fully developed.
Presented by
Land and Lot Investments LLC
1735 Mahan Dr
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