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190 Cleveland St SE
Atlanta, GA 30316
Cleveland Street Development Opportunity · Land For Sale
·
0.15 AC
Investment Highlights
- Deep lot Suitable for ADU
- Set up for a home with a basement
- Graded and cleared lot
Executive Summary
Prime redevelopment project to include income producing residential in an area of high rental returns.
Property Facts
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Proposed Use | Single Family Development |
| No. Lots | 1 | Total Lot Size | 0.15 AC |
| Property Type | Land | ||
| Zoning | R5 - Med-High density residential district that allows for a variety of housing types incl single-family detached, ADU's,Duplex,Triplex,Townhouses,Infill. | ||
| Sale Type | Investment or Owner User |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Single Family Development |
| Total Lot Size | 0.15 AC |
| Zoning | R5 - Med-High density residential district that allows for a variety of housing types incl single-family detached, ADU's,Duplex,Triplex,Townhouses,Infill. |
1 Lot Available
Lot
| Price | $550,000 | Lot Size | 0.15 AC |
| Price Per AC | $3,666,666.67 |
| Price | $550,000 |
| Price Per AC | $3,666,666.67 |
| Lot Size | 0.15 AC |
50' Wide by 132' deep. Gentle slope towards the back of lot which allows for a daylight basement. Deep lot can accommodate a free standing 3 car garage with ADU above.
Description
Prime rapidly evolving Reynoldstown location close to the Eastern Beltline and easy access to I20, DT Atlanta, Decatur, Emory, CDC, and popular intown neighborhoods. Quiet, dead end street with some homes in the Million $ range. Perfect for new build or Remodel and expand. 3/2/1 approximately 1900 square feet Townhouse across the street is listed for $750,000 or $390/ sq foot. ARV for minimum 4000 square feet new build is $1,560,000, plus the value of a conforming 750 square ft ADU, ARV can exceed $1,750,000.
Property Taxes
| Parcel Number | 14-0013-0011-058-1 | Improvements Assessment | $72,120 |
| Land Assessment | $87,360 | Total Assessment | $159,480 |
Property Taxes
Parcel Number
14-0013-0011-058-1
Land Assessment
$87,360
Improvements Assessment
$72,120
Total Assessment
$159,480
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