564 Centennial Olympic Park Dr NW
Atlanta, GA 30313
Land For Sale
·
0.87 AC
Investment Highlights
- Access to the property is via a 24 foot approved curb cut on Centennial Olympic Park Drive.
- The zoning is conditional and calls for a residential building that can be no more than 90 ft. tall and contain no more than 100 units.
- Approximately 165 ft. of frontage on Centennial Olympic Park Dr, and 130.84 ft. of frontage on entrance drive to Centennial Lofts.
- The site is located on the city bus line as well as directly across the street from the Georgia Tech bus stop.
Property Facts
| Property Type | Land | Total Lot Size | 0.87 AC |
| Property Subtype | Commercial | No. Stories | 2 |
| Proposed Use | Commercial | ||
| Zoning | MR-5A-C | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.87 AC |
| No. Stories | 2 |
| Zoning | MR-5A-C |
Description
Totaling .877 ± acres and adjacent to Georgia Tech, this property is strategically located 100 yards directly south of Bobby Dodd Stadium (45,000 seat stadium), one block south of North Avenue and 100 yards west of the Downtown Connector. The site offers the exclusive opportunity to acquire fee simple interest and presents the unique chance to activate a prime location in the Centennial Park submarket. 564 COP Drive is fully entitled for mid density, mixed- use development. The site is offered without an asking price. The corner property lies in the path of development growth as Midtown Atlanta continues its push southward, bridging the gap between Downtown and Midtown. Being situated within close proximity to Georgia Tech and Georgia State University, the immediate area is seeing an explosion of employment growth and leasing activity by major employers including Google, Norfolk Southern, Microsoft, Ernst & Young and Southern Company Blackrock, Starbucks and Eaton. The site offers a compelling opportunity to develop a dense skyline- defining project fueled by growing demand generators for housing, hotel and student housing.
Property Taxes
| Parcel Number | 14-0079-0002-021-1 | Improvements Assessment | $5,646,120 |
| Land Assessment | $1,600,000 | Total Assessment | $7,246,120 |
Property Taxes
