300 Ross Road Tallahassee, FL 32305

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. 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. Continue reading