2.5 Acre Last CollegeTown Dev Site 1 Land Properties in Tallahassee, FL

About 2.5 acres, which would make a good development site approximately 150+ unit development. Put a 5-7 story MF development on one side overlooking the park with view of Doak Campbell stadium and have surface parking on the other side. The density is already zoned for 50+ units per acre (there are density bonuses available allowing for more units per acre), although this site would be prime for an Urban PUD, which could allow greater density. The site is mostly impervious with any additional impervious having capacity reserved in the adjacent SWMF not requiring onsite retention. Also, the parking requirements are market based given the fact that there is a lot of close by on street parking and the area is in a multi-modal district, again, allowing for parking count to be more "market based" versus a local zoning / building code requirement.
Furthermore these two sites are all rented out so there is some income allowing for land-banking until they are ready for development.