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3044 Springdale Rd 3.88 Acres of Residential Land Offered at $1,400,000 in Atlanta, GA 30354
Investment Highlights
- ±3.88-acre assembled site consisting of three contiguous parcels, fully surveyed.
- Phase I Environmental Site Assessment cleared; no recognized environmental conditions.
- Exceptional connectivity with immediate I-85 access and proximity to Hartsfield-Jackson Atlanta International Airport.
- Approved 59-unit townhome concept plan with garage and surface parking, interior roads, and full pedestrian circulation.
- Civil engineering, feasibility, and absorption analysis already completed.
Executive Summary
Presenting ±3.88 acres of assemblage opportunity in the City of Hapeville, located in the dynamic South Atlanta submarket. This infill development site consists of three contiguous parcels with existing structures, fully surveyed and assembled for near-term residential redevelopment.
The property aligns with a completed 59-unit townhome development concept, including civil engineering plans, stormwater management layout, and planning commission submissions. Zoning approvals are in place under C1 and R3 classifications, eliminating entitlement risk. A Phase I ESA completed in June 2023 reports no recognized environmental concerns, ensuring a clean and de-risked acquisition. Feasibility and absorption studies confirm strong demand for attainable, higher-density housing, driven by sustained growth in the South Atlanta corridor.
The site delivers immediate access to I-85 and is minutes from Hartsfield-Jackson Atlanta International Airport, anchoring connectivity and employment demand. This strategic location benefits from proximity to College Park and East Point as well as major economic drivers that support housing absorption and long-term value.
The property aligns with a completed 59-unit townhome development concept, including civil engineering plans, stormwater management layout, and planning commission submissions. Zoning approvals are in place under C1 and R3 classifications, eliminating entitlement risk. A Phase I ESA completed in June 2023 reports no recognized environmental concerns, ensuring a clean and de-risked acquisition. Feasibility and absorption studies confirm strong demand for attainable, higher-density housing, driven by sustained growth in the South Atlanta corridor.
The site delivers immediate access to I-85 and is minutes from Hartsfield-Jackson Atlanta International Airport, anchoring connectivity and employment demand. This strategic location benefits from proximity to College Park and East Point as well as major economic drivers that support housing absorption and long-term value.
Property Facts
| Price | $1,400,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| Sale Condition | Redevelopment Project | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 3.88 AC |
| Zoning | C1 - Residential | ||
| Price | $1,400,000 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 3.88 AC |
| Zoning | C1 - Residential |
1 Lot Available
Lot
| Price | $1,400,000 | Lot Size | 3.88 AC |
| Price Per AC | $360,824.74 |
| Price | $1,400,000 |
| Price Per AC | $360,824.74 |
| Lot Size | 3.88 AC |
±3.88-acre infill development site in Hapeville, GA, comprised of three contiguous parcels with C1/R3 zoning. Approved 59-unit townhome concept with civil engineering completed. Immediate I-85 access and minutes from Hartsfield-Jackson Airport.
Description
The property spans 3.88 acres across three contiguous parcels at 3034, 3038, and 3044 Springdale Road in Hapeville, GA. It is currently zoned under C1 and R3 classifications, supporting the proposed townhome development. The site is generally flat, outside FEMA-designated flood hazard areas, and positioned in a location offering immediate I-85 access and close proximity to Hartsfield-Jackson Atlanta International Airport.
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $193,680 | |
| Land Assessment | $418,720 | Total Assessment | $612,400 |
Property Taxes
Parcel Numbers
Land Assessment
$418,720
Improvements Assessment
$193,680
Total Assessment
$612,400
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