300 Ross Road Active Save Request In-Person Tour Request Virtual Tour
Tallahassee,FL 32305
Key Details
Property Type Vacant Land
Sub Type Lots and Land
Listing Status Active
Purchase Type For Sale
Subdivision Uplatted
MLS Listing ID 379057
Lot Size 4.810 Acres
Property Sub-Type Lots and Land
Property Description
Incredible opportunity for eight units an acre! This property is a development unicorn inside of Leon County. This is likely one of very few untapped parcels currently zoned for a Mobile Home park, allowing eight units per acre! This opportunity could bring quite a return for an investor educated in this type of development of investment property. **Seller will offer a reduction to $365,000 if purchaser is willing to allow seller to retain .25 acres at the front of the property where the mobile home is, to include the continued use of the MH and provide a deeded easement for property access** Parcel is level and partially cleared and has no flood zone! Additionally, this parcel has the potential to be rezoned to R5. This would allow for a mixed use of SFD AND Mobile/Modular homes, also at eight units per acre! With utilities AND sewer already run to the property (due to an existing mobile home on the property) a new developer is off to a great start. While the existing dwelling is habitable, for purposes of valuation, it carries no significance - the pricing is based off of highest and best future use. This redevelopment location of the lot is prime to grocery, satellite ER at Southwood, the Capitol and downtown, and the airport. For either zoning this property has a ton of potential for big returns on the initial investment.
Location
State FL
County Leon
Area Se-03
Exterior
Utilities Available Electricity,Public Water,Sewer
View NONE
Building
Sewer City Sewer Available
Water City
Schools
Elementary Schools Oak Ridge
Middle Schools Fairview
High Schools Rickards
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional