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1823 M L King Jr dr - 1823 M. L. King Jr Dr NW 0.16 Acres of Commercial Land Offered at $599,000 in Atlanta, GA 30314



INVESTMENT HIGHLIGHTS
- $599,000.00
- Mixed - Use Purpose
- Ground Lease Potential
- Flexible Zoning
- 7,100 SF
- Negotiable
EXECUTIVE SUMMARY
Swartz Co Commercial Real Estate is proud to present this premium commercial lot located on Martin Luther King Jr. Drive in Atlanta, GA.
This property offers a unique opportunity to invest in a well-positioned 0.1630-acre (7,100 square foot) lot with utilities already available on site. While a structure once stood on the land, it was unfortunately lost to fire. That said, the lot remains fully ready for development and offers great potential.
Originally, the site was part of a shared plan for office space development, but it can easily be adapted for mixed-use purposes. One exciting possibility includes a ground lease to a major national restaurant chain. The property’s flexible zoning and layout make it ideal for various commercial or residential uses.
The owners have shown strong interest in several mixed-use concepts and already have working relationships with key contacts at the City of Atlanta, which could help streamline future development efforts. A residential CMA has also been prepared and is available for reference.
The asking price is $599,000, and the sellers are motivated—everything is negotiable.
For more information or to discuss development possibilities, please contact Lindsay Allen.
This property offers a unique opportunity to invest in a well-positioned 0.1630-acre (7,100 square foot) lot with utilities already available on site. While a structure once stood on the land, it was unfortunately lost to fire. That said, the lot remains fully ready for development and offers great potential.
Originally, the site was part of a shared plan for office space development, but it can easily be adapted for mixed-use purposes. One exciting possibility includes a ground lease to a major national restaurant chain. The property’s flexible zoning and layout make it ideal for various commercial or residential uses.
The owners have shown strong interest in several mixed-use concepts and already have working relationships with key contacts at the City of Atlanta, which could help streamline future development efforts. A residential CMA has also been prepared and is available for reference.
The asking price is $599,000, and the sellers are motivated—everything is negotiable.
For more information or to discuss development possibilities, please contact Lindsay Allen.
PROPERTY FACTS
| Price | $599,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| Sale Condition | Redevelopment Project | Total Lot Size | 0.16 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land | ||
| Zoning | C1 - Commercial | ||
| Price | $599,000 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.16 AC |
| Opportunity Zone |
Yes |
| Zoning | C1 - Commercial |
1 LOT AVAILABLE
Lot
| Price | $599,000 | Lot Size | 0.16 AC |
| Price Per AC | $3,743,750.00 |
| Price | $599,000 |
| Price Per AC | $3,743,750.00 |
| Lot Size | 0.16 AC |
PREMIUM COMMERCIAL LOT 0.1630 ACRES/7,000 SF
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1823 M L King Jr dr - 1823 M. L. King Jr Dr NW
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