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514 McDonough Blvd SE - 514 McDonough Blvd Atlanta GA 30315 1.83 Acres of Commercial Land Offered at $2,400,000 in Atlanta, GA 30315

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INVESTMENT HIGHLIGHTS

Corner lot with ±400 feet of frontage and strong visibility.
Located in federally designated Opportunity Zone.
Minutes from downtown Atlanta and major interstates.

Zoned C-2 with potential for up to 60 townhomes.
Level land ideal for immediate development.
Surrounded by residential and civic infrastructure.

EXECUTIVE SUMMARY

Amazing Land Development Opportunity in The Beltline Overlay District! Sitting on 1.837 Acres this 400 x 200 Corner lot that sits slightly above McDonough Blvd is the perfect canvas. Already Zoned C 2 to build anything commercial or residential. Maximize Tax advantages for the Opportunity Zone for a long term hold with property already being Special Administrative Permit Approved for 100 Apartment units with 100 Parking Spaces & ample side street parking on Park ave. Or build up to 60 Town Homes for sale. Located in the bustling Chosewood Park Neighborhood within walking distance to The Beltline, New Shops & Restaurants. Talks of the New Publix shopping center about to go in just 2 blocks away. Buildings have been already demolished & removed, soil tests performed, all necessary trees have DDH permits. Email for Survey, Apartment site an floor plans, and 60 Townhome site plan.

Survey - 514 McDonough and 0 McDonough

60 Townhomes MARKETING Full package with plans for 514 mcdonough

PROPERTY FACTS

Price	$2,400,000	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Commercial Multifamily Apartment Units - Condo
Sale Condition	Redevelopment Project	Total Lot Size	1.83 AC
No. Lots	1	No. Stories	1
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	C 2 - Zoned C-2, 1.837 Acres, 400 x 200 feet corner lot, 79,998 Square Feet, Level Land in the Opportunity Zone 100 Apartments or 60 Town Homes SAP approved

Price	$2,400,000
Sale Type	Investment
Sale Condition	Redevelopment Project
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Multifamily Apartment Units - Condo
Total Lot Size	1.83 AC
No. Stories	1
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	C 2 - Zoned C-2, 1.837 Acres, 400 x 200 feet corner lot, 79,998 Square Feet, Level Land in the Opportunity Zone 100 Apartments or 60 Town Homes SAP approved

1 LOT AVAILABLE

Lot

Price	$2,400,000	Lot Size	1.83 AC
Price Per AC	$1,311,475.41

Price	$2,400,000
Price Per AC	$1,311,475.41
Lot Size	1.83 AC

Zoned C-2, 1.837 Acres, 400 x 200 feet corner lot, 79,998 Square Feet, Level Land in the Opportunity Zone Build up to 60 Town Homes!

DESCRIPTION

Amazing Land Development Opportunity in The Beltline Overlay District! Sitting on 1.837 Acres this 400 x 200 Corner lot that sits slightly above McDonough Blvd is the perfect canvas. Already Zoned C 2 to build anything commercial or residential. Maximize Tax advantages for the Opportunity Zone for a long term hold with property already being Special Administrative Permit Approved for 100 Apartment units with 96 Parking Spaces & ample side street parking on Park ave. Or build up to 60 Town Homes for sale. Located in the bustling Chosewood Park Neighborhood within walking distance to The Beltline, New Shops & Restaurants. Talks of the New Publix shopping center about to go in just 2 blocks away. Buildings have been already demolished & removed, soil tests performed, all necessary trees have DDH permits. Email for Survey, Apartment site an floor plans, and 60 Townhome site plan. **Zoned C-2, 1.837 Acres, 400 x 200 feet corner lot, 79,998 Square Feet, Level Land in the Opportunity Zone for up to 60 Town Homes