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2206 Vesta Ave NW - 2206 Vesta Ave, Atlanta, GA 30314 0.31 Acres of Residential Land Offered at $185,000 in Atlanta, GA 30314
Investment Highlights
- Engineered site plans included — P.E. licensed, July 2024
- All utilities confirmed: water, sewer, power, gas, telecom
- Permit application filed with City of Atlanta 4-unit townhome development plan (4BR/3BA each)
Executive Summary
Rare off-market opportunity to acquire a shovel-ready lot in Atlanta's southwest corridor with engineered site plans already in hand.
WHAT'S INCLUDED:
• 13,068 SF vacant lot (RG-3 — Medium Density Residential)
• Engineered site plans for 4-unit townhome development (July 2024)
• Completed by licensed P.E. — Accurate Engineering & Inspections Co. (Lic. No. 16661)
• Permit application filed with City of Atlanta
• Property survey included
• All utility providers confirmed to site
UTILITIES CONFIRMED:
• Water & Sewer — Fulton County
• Power — Georgia Power
• Natural Gas — Atlanta Gas Light
• Telecom — AT&T
DEVELOPMENT PLAN — ILLUSTRATIVE PRO FORMA:
• Unit Mix: 4 × 4BR / 3BA townhomes
• Total Building SF: 5,220 SF
• Est. Construction Cost: ~$678,600 ($130/SF)
• Total All-In: ~$863,600
HOLD STRATEGY (rental):
• Gross Monthly Rent: $8,800 (4 units × $2,200/mo)
• Annual Gross Rents: $105,600
• Est. NOI (35% exp): ~$68,640
• Est. Cap Rate: ~7.1%
EXIT STRATEGY (sell):
• Sale Price / Unit: ~$325,000
• Gross Revenue (4 units): ~$1,300,000
• Gross Profit (pre-costs): ~$436,400
• ROI: ~51%
TERMS: All cash preferred. As-is. Available immediately. First qualified offer.
All figures illustrative. Buyer to verify all details independently.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per AC |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
Property Facts
| Price | $185,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.31 AC |
| Property Type | Land | ||
| Zoning | RG-3 - City of Atlanta RG-3 — Medium Density Residential. Permits multi-family development up to 4+ units. | ||
| Price | $185,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 0.31 AC |
| Zoning | RG-3 - City of Atlanta RG-3 — Medium Density Residential. Permits multi-family development up to 4+ units. |
1 Lot Available
Lot
| Price | $185,000 | Lot Size | 0.31 AC |
| Price Per AC | $601,387.42 |
| Price | $185,000 |
| Price Per AC | $601,387.42 |
| Lot Size | 0.31 AC |
Vacant RG-3 zoned lot, 13,068 SF. Engineered site plans for a 4-unit townhome development (5,220 SF total) completed July 2024. Permit application in progress. All utilities confirmed to site.
Description
2206 Vesta Ave NW is a 13,068 SF vacant lot zoned RG-3 (Medium Density Residential) in Atlanta's southwest corridor. A licensed professional engineer has completed full site plans for a 4-unit townhome development, saving the buyer 3–6 months and significant upfront engineering costs compared to a raw land purchase. The site plan calls for four 4-bedroom / 3-bathroom townhome units totaling 5,220 SF of finished space. The permit application has been filed with the City of Atlanta and is in progress. All utility providers are confirmed: Fulton County (water & sewer), Georgia Power, Atlanta Gas Light, and AT&T. Located minutes from downtown Atlanta, I-20, and the West End BeltLine trail — in the path of sustained neighborhood appreciation. Priced at $185,000 for a quick, all-cash close. All documents (site plan, survey) transferred with sale.
Property Taxes
| Parcel Number | 14-0180-0004-074-4 | Improvements Assessment | $0 |
| Land Assessment | $37,480 | Total Assessment | $37,480 |
Property Taxes
Presented by
Excess Funds Recovery
2206 Vesta Ave NW - 2206 Vesta Ave, Atlanta, GA 30314
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