APALACHEE Parkway, Tallahassee, FL 32311

Property Description

Rare 4.6-acre development opportunity with frontage along Apalachee Parkway, offering excellent visibility and exposure along one of Tallahassee’s major traffic corridors. With development activity continuing throughout the surrounding area, this property offers multiple potential uses under its split CP (Commercial Parkway) and R-3 zoning (Single Family Detached, Attached, and Two-Family Residential) The portion fronting Apalachee Parkway is zoned CP and allows commercial uses as well as a variety of other permitted principal uses, including multifamily residential at up to 16 dwelling units per acre. Residential uses located on or above the second floor of a structure with nonresidential use on the first floor are also permitted at up to 16 dwelling units per acre. The rear portion of the property is zoned R-3 and allows residential development of up to 8 dwelling units per acre. The property’s combination of high-visibility Apalachee Parkway frontage, flexible zoning, and substantial acreage creates an opportunity for a variety of potential development concepts, from commercial uses to multifamily or a combination of uses. Any required infrastructure for the CP portion, including stormwater facilities, would need to be accommodated within the CP-zoned portion of the property. While a portion of the property lies within the City of Tallahassee limits, the majority of the property is located outside the city limits, with permitting handled through Leon County. Buyers should independently verify zoning, permitted uses, density, access, utilities, stormwater requirements, and all other development considerations with the appropriate governmental authorities. A sizable parcel in an area experiencing continued growth, offering the visibility and flexibility developers look for.