514 Mcdonough BLVD SE new Save Request In-Person Tour Request Virtual Tour
Atlanta,GA 30315
Key Details
Property Type Commercial
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 79,998 sqft
Price per Sqft $48
MLS Listing ID 7513791
Year Built 1924
Annual Tax Amount $9,305
Tax Year 2024
Lot Size 1.837 Acres
Property Description
Amazing Land Development Opportunity in The Beltline Overlay District! Sitting on 1.837 Acres this 400 x 200 Corner lot that sits slightly above McDonough Blvd is the perfect canvas. Already Zoned C 2 to build anything commercial or residential. Maximize Tax advantages for the Opportunity Zone for a long term hold with property already being SAP approved for 100 Apartment units with 100 Parking Spaces & ample side street parking on Park ave. Or build up to 60 Town Homes for sale. Located in the bustling Chosewood Park Neighborhood within walking distance to The Beltline, New Shops & Restaurants. Talks of the New Publix shopping center about to go in just 2 blocks away. Buildings have been already demolished & removed, soil tests performed, all necessary trees have DDH permits. Email for Survey, Apartment site and floor plans, and 60 Townhome site plan.
Location
State GA
County Fulton
Zoning C2
Rooms
Other Rooms None
Interior
Heating None
Cooling None
Flooring None
Exterior
Parking Features Parking Lot
Fence None
Utilities Available Cable Available,Electricity Available,Natural Gas Available,Phone Available,Sewer Available,Water Available,Other
Waterfront Description None
View City
Roof Type None
Building
Lot Description Corner Lot,Level
Story Three Or More
Foundation None
Sewer Public Sewer
Water Public
Structure Type Other
New Construction No
Others
Acceptable Financing 1031 Exchange,Cash,Conventional
Listing Terms 1031 Exchange,Cash,Conventional
Special Listing Condition None