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Executive Summary

**Prime 3.1 Acre Single/Multi-family/Townhome Development Opportunity in Southwest Atlanta**
Rare opportunity to acquire approximately **3.1 acres** in Atlanta with zoning understood to support **multifamily and/or townhouse development**. This is the type of infill site builders, developers, investors, and adaptive-reuse buyers look for: meaningful acreage, residential redevelopment potential, and a location positioned for continued growth in Southwest Atlanta.
The property includes an existing approximately **2,800 sq. ft. building** that may offer conversion, redevelopment, or site-planning flexibility. The structure has known electrical/HVAC damage and is being sold **as-is**, but the true value is in the land, zoning potential, and ability to move quickly toward a higher and better residential use. For the right buyer, this is a blank-slate opportunity to evaluate townhomes, multifamily, rental housing, build-to-rent, or an adaptive residential conversion concept. Seller is seeking a buyer who can move with certainty and close by **the end of July**.
Strong preference will be given to **cash buyers or hard-money financed buyers** with proof of funds, clear closing timeline, and limited contingencies. Buyer should independently verify zoning, permitted uses, density, utilities, development feasibility, condition, and all permitting requirements. Development land of this scale inside Atlanta is increasingly difficult to find. Bring your builder, architect, civil engineer, or investment team and move quickly. Seller will prioritize clean, credible offers with the ability to close on schedule.

Property Facts

Sale Type
Investment
Sale Conditions
Build to Suit
Property Type
Retail
Building Size
2,800 SF
Building Class
C
Year Built
1959
Price
$499,000
Price Per SF
$178.21
Percent Leased
100%
Building Height
1 Story
Building FAR
0.02
Lot Size
3.12 AC
Zoning
C2
Parking
50 Spaces (10 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Fenced Lot
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Nearby Major Retailers

Planet Fitness
Truist
PNC Bank
WNB Factory
Rent-A-Center

Property Taxes

Property Taxes

Parcel Number
14F-0005-LL-109-0
Land Assessment
$202,480
Improvements Assessment
$21,080
Total Assessment
$223,560
  • Listing ID: 41242846

  • Date on Market: 7/10/2026

  • Last Updated:

  • Address: 3676 Stone Rd SW, Atlanta, GA 30331

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