Residential/Commercial Planned Site near Tallahassee

Pricing: Single-Family Residential: $8,579,000 (373 Units at $23k/unit) Multifamily: $4,560,000 (304 Units at $15,000/unit) Commercial: $5,229,900 (40.23ac at $130,000/ac) Up to 711 Unit Residential Development Site An outstanding entitled development opportunity directly off of a 4 leaf clover exit of I-10 in the heart of Gretna, FL a thriving suburb of Tallahassee, FL (State Capital of FL, Florida State University). This site offers a rare chance to deliver a high-demand residential/commercial product in one of Floridas fastest-growing suburbs. Positioned in between Quincy, Greensboro, and Gretna FL and 3,000 feet of frontage along Greensboro Highway & 2,000 feet of frontage on Race Track Rd. (Thomas Smith Farm Rd.), the site spans multiple parcels with entitlement for up to 677 residential units and 45 acres of Commercial. The project is in the process of entitlement/engineering and will be ready to break ground in the near futurestreamlining the path from acquisition to vertical construction. This Tallahassee market has experienced significant growth fueled by its close proximity to The Florida State Capital and Florida State University (30 minutes), directly off of Interstate-10 (1 minute), and on Greensboro Highway. The area continues to attract a diverse population of professionals, students, and retirees, making this a strategic location for for-sale or for-rent residential product.