514 Mcdonough BLVD SE new

Atlanta,GA 30315

$ 3900000

- Bed

- Bath

79998 SqFt


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

Construction Status New Construction

HOA Y/N No

Originating Board First Multiple Listing Service

Year Built 1924

Annual Tax Amount $9,305

Tax Year 2024

Lot Size 1.837 Acres

Acres 1.837

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

Lake Name None

Rooms

Other Rooms None

Basement None

Interior

Interior Features Other

Heating None

Cooling None

Flooring None

Window Features 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

Street Surface Asphalt

Accessibility None

Handicap Access None

Total Parking Spaces 96

Private Pool false

Building

Lot Description Corner Lot,Level

Story Three Or More

Foundation None

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Structure Type Other

New Construction No

Construction Status New Construction

Others

Senior Community no

Tax ID 14 004100100620

Acceptable Financing 1031 Exchange,Cash,Conventional

Listing Terms 1031 Exchange,Cash,Conventional

Special Listing Condition None

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