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377 Centennial Olympic Park NW dr - Atlanta High-Rise Development Opportunity 0.81 Acres of Commercial Land Offered at $11,500,000 in Atlanta, GA 30313
Investment Highlights
- Development-Ready: Fully entitled 188-key hotel with completed construction plans
- Views: Direct Centennial Olympic Park frontage with skyline and sunset views
- Income in Place: $5,000–$12,000/month from existing parking
- Topography: Slightly rising eastward slope—ideal for structured parking and vertical development
- Walk Score: 90 – Walker’s Paradise | Transit Score: 78 – Excellent Transit access
- Unmatched Demand Drivers: Tourism, convention, sports, and entertainment anchors
Executive Summary
A rare opportunity to develop a high-rise multifamily, mixed-use, or hospitality project on a premier corner site directly adjacent to Centennial Olympic Park in downtown Atlanta.
This ±0.81-acre parcel offers exceptional park and skyline views, including unobstructed sunset vistas, in the heart of Atlanta’s most visited and fastest-growing tourism and entertainment district. The site is shovel-ready for a 188-key, ±162,772 SF hotel, with full construction plans and entitlements already in place—significantly reducing development timeline and execution risk. The flexible SPI-1 SA5 zoning supports high density multifamily, office, retail, or mixed-use development.
The site is within immediate walking distance are Atlanta’s strongest demand drivers, including Centennial Olympic Park, Georgia Aquarium, World of Coca-Cola, Mercedes-Benz Stadium, State arm Arena, Georgia World Congress Center, and a dense concentration of dining, entertainment, and cultural attractions—supporting sustained occupancy, premium rents, and long-term value.
This ±0.81-acre parcel offers exceptional park and skyline views, including unobstructed sunset vistas, in the heart of Atlanta’s most visited and fastest-growing tourism and entertainment district. The site is shovel-ready for a 188-key, ±162,772 SF hotel, with full construction plans and entitlements already in place—significantly reducing development timeline and execution risk. The flexible SPI-1 SA5 zoning supports high density multifamily, office, retail, or mixed-use development.
The site is within immediate walking distance are Atlanta’s strongest demand drivers, including Centennial Olympic Park, Georgia Aquarium, World of Coca-Cola, Mercedes-Benz Stadium, State arm Arena, Georgia World Congress Center, and a dense concentration of dining, entertainment, and cultural attractions—supporting sustained occupancy, premium rents, and long-term value.
Property Facts
1 Lot Available
Lot
| Price | $11,500,000 | Lot Size | 0.81 AC |
| Price Per AC | $14,197,530.86 |
| Price | $11,500,000 |
| Price Per AC | $14,197,530.86 |
| Lot Size | 0.81 AC |
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Exceptionally walkable
90/100
Very drivable
80/100
Strong public transit
80/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 14-0079-0011-057-4 | Improvements Assessment | $0 |
| Land Assessment | $1,550,680 | Total Assessment | $1,550,680 |
Property Taxes
Parcel Number
14-0079-0011-057-4
Land Assessment
$1,550,680
Improvements Assessment
$0
Total Assessment
$1,550,680
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377 Centennial Olympic Park NW dr - Atlanta High-Rise Development Opportunity
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