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179 Elm Street NW from ATL GIS cadastral map - Cook Park redevelopment assemblage lot 0.11 Acres of Residential Land Offered at $450,000 in Atlanta, GA 30314

Residential Land & Home Lots Georgia Atlanta 179 Elm Street NW from ATL GIS cadastral map, Atlanta, GA 30314

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INVESTMENT HIGHLIGHTS

  • Potential for 10 + units with skyline views of downtown Atlanta overlooking New Cook Park

EXECUTIVE SUMMARY

Existing zoning allows for 40 ft high 4660 SF of multi-family units with skyline views of downtown. Grandfathered use of a 19.5 foot wide block-through alley for rear of property below grade parking access and parking. Invest Atlanta offers many grants and low to no interest loan programs for this neighborhood through the westside TAD neighborhood program and other pots of money, for subsidizing new affordable developments.

ATTACHMENTS

179 elm survey with alleyway
179 Elm plat Book 2 Page 45
ATL GIS cadastral map showing alleyway

PROPERTY FACTS

Price $450,000 Property Subtype Residential
Sale Type Investment Proposed Use
Multifamily
  • Apartment Units
  • Hold For Development
  • Hold For Investment
Sale Condition Redevelopment Project Total Lot Size 0.11 AC
No. Lots 1 Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Type Land
Zoning LDR
Price $450,000
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
  • Hold For Development
  • Hold For Investment
Total Lot Size 0.11 AC
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning LDR

1 LOT AVAILABLE

Lot

Price $450,000 Lot Size 0.11 AC
Price Per AC $4,090,909.09
Price $450,000
Price Per AC $4,090,909.09
Lot Size 0.11 AC

At south end of the new 50M Cook Park, w/ excellent skyline views. 33 X 140 lot with Potential for zero lot line development and medium to high density residential up-zoning. Opportunity zone tax benefits.

DESCRIPTION

Only lot on entire block not owned by the Cosmopolitan AME church next door. Across from the south end of the new Cook Park. Great skyline views. Lot is 33 X 140. Zoned SPI-LDR, potential up-zoning to medium/high density residential. Ideal for entire block development collaboration with the Church, which would then allow development on platted alleyway, adding an additional 5070 SF of development land to the block, multiplied by the future zoning density allowance.

1 1
Walk Score®
Very Walkable (73)
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PROPERTY TAXES

Parcel Number 14-0110-0006-024-2 Improvements Assessment $0
Land Assessment $22,000 Total Assessment $22,000

PROPERTY TAXES

Parcel Number
14-0110-0006-024-2
Land Assessment
$22,000
Improvements Assessment
$0
Total Assessment
$22,000
(678) 612-8656

Still interested?

Contact the broker for more information about this property

CONTACT

  • Listing ID: 14615479

  • Date on Market: 12/12/2018

  • Last Updated:

  • Address: 179 Elm Street NW from ATL GIS cadastral map, Atlanta, GA 30314

More public record information on 179 Elm Street NW from ATL GIS cadastral map, Atlanta, GA 30314

The Vine City Land Property at 179 Elm Street NW from ATL GIS cadastral map, Atlanta, GA 30314 is currently available. Contact Prime Business Investments,Inc. for more information.

LAND PROPERTIES IN NEARBY NEIGHBORHOODS

NEARBY LISTINGS

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VIDEOS
MATTERPORT 3D EXTERIOR
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PHOTOS
STREET VIEW STREET
MAP
179 Elm Street NW from ATL GIS cadastral map, Atlanta, GA for sale Other- Image 1 of 7
skyline view from property
179 Elm Street NW from ATL GIS cadastral map, Atlanta, GA for sale Other- Image 2 of 7
looking to Cook park and location of 19.5 ft wide alleyway for rear parking
179 Elm Street NW from ATL GIS cadastral map, Atlanta, GA for sale Building Photo- Image 3 of 7
hilton on NSD skyline rendering
179 Elm Street NW from ATL GIS cadastral map, Atlanta, GA for sale Other- Image 4 of 7
Cook Park - lot south of right corner
179 Elm Street NW from ATL GIS cadastral map, Atlanta, GA for sale Other- Image 5 of 7
Cook Park master plan
179 Elm Street NW from ATL GIS cadastral map, Atlanta, GA for sale Other- Image 6 of 7
lot located at 9 on Cook Park
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179 Elm Street NW from ATL GIS cadastral map - Cook Park redevelopment assemblage lot
(678) 612-8656 x

179 Elm Street NW from ATL GIS cadastral map - Cook Park redevelopment assemblage lot

James Arpad
(678) 612-8656

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