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313 Hill St SE - Development Site | Grant Park | ±0.51 Acres 0.51 Acres of Commercial Land in Atlanta, GA 30312
INVESTMENT HIGHLIGHTS
- Fully entitled ±0.51-acre site with multifamily, retail, and restaurant plans
- Alternate plans include restaurant with patio or day care with playground
- 9-minute walk to King Memorial MARTA and 10-minute bike ride to Beltline
- Approved for 34 residential units and 27 parking spaces
- Walkable to Summerhill, Old Fourth Ward, and South Downtown
- Zoned SPI-22 with no rezoning required
EXECUTIVE SUMMARY
Zoned SPI-22, the site benefits from favorable zoning that supports residential, retail, and restaurant uses without the need for rezoning. Its strategic location places it within walking distance of the bustling neighborhoods of Summerhill, Reynoldstown, Old Fourth Ward, and South Downtown. The property is just blocks from the 48-acre Oakland Cemetery, a cultural landmark and event destination, and within a 10-minute walk to King Memorial MARTA Station and Georgia State University.
With thousands of new and recently delivered apartments in the immediate area, this site is ideally positioned to capture demand from Atlanta’s growing population. The area boasts strong demographics, with an average household income exceeding $117,000 within a one-mile radius. Proximity to the Eastside Beltline, Downtown, and Hartsfield-Jackson International Airport further enhances the site’s connectivity and appeal.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Lot Size | 0.51 AC |
| Lot Size | 0.51 AC |
DESCRIPTION
- Mixed-use, retail, or pure residential development site in Grant Park - ±0.51-acre site with plans and permits for 34 residential units and 27 parking spaces - Retail site plan with day care and 9 parking spaces (see page 11) - Restaurant site plan for restaurant, patio, and 13 parking spaces (see page 10) - Zoned SPI-22 Memorial Drive/Oakland Cemetery, no rezoning necessary - Walkable to booming neighborhoods of Summerhill, Reynoldstown, Old Fourth Ward, and South Downtown - Brief walk to many wonderful restaurants and retail options - Thousands of new/newer apartments in immediate area - Blocks from Oakland Cemetery, a ±48-acre destination with year-round events - 9-Minute walk to both King Memorial MARTA Stations - 12-Minute walk to Georgia State/Downtown, Auburn/Edgewood Ave and Atlanta Street Car - 10-Minute bike ride to Eastside Beltline - 16-Minute drive to Hartsfield-Jackson Airport and Midtown
PROPERTY TAXES
| Parcel Number | 14-0053-0003-008-7 | Improvements Assessment | $0 |
| Land Assessment | $38,160 | Total Assessment | $38,160 |
PROPERTY TAXES
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313 Hill St SE - Development Site | Grant Park | ±0.51 Acres
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