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5888 New Peachtree Rd
Doraville, GA 30340
High-Density Multifamily & Mixed-Use Site · Land For Sale · 2.70 AC

Investment Highlights

  • Located within Doraville TAD - Tax Allocated District
  • Located in Downtown Doraville new Town Center redevelopment master plan
  • TOD District increases density
  • Flat Topography - All utilities on site. Unencumbered by tenants/leases.
  • Zoned T-5 Urban Center
  • New Market Tax Credits Possible. High Priority Investment Area .

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use Multifamily
Total Lot Size 2.70 AC
No. Stories 1
Zoning T5 - T5 (Urban Center) part of TOD & Downtown Doraville Overlay District which allows for up to 100 unites per acre of multi-family development and retail.

Description

Positioned in the heart of Downtown Doraville, this ±2.7-acre site offers a rare opportunity to develop a high-density multifamily and mixed-use project within one of Atlanta’s most rapidly transforming urban corridors. Located at 5888 & 5896 New Peachtree Road, the property sits just 250 yards south of the Doraville MARTA station and directly across from the proposed Doraville Town Center redevelopment—a 13-acre master-planned community featuring city offices, a library, boutique hotel, retail, and over 400 residential units. Zoned T-5 Urban Center and designated within the Transit-Oriented Development (TOD) overlay, the site benefits from increased density allowances, enabling up to 239 residential units and ±3,400 square feet of retail. The flat topography and full utility access streamline development timelines, while the absence of existing leases or tenants ensures immediate control and flexibility. The property is also located within a Qualified Census Tract and High Priority Investment Area, making it eligible for New Market Tax Credits and other incentives. Surrounded by major developments such as Assembly Atlanta—a 135-acre mixed-use campus anchored by Gray Television’s film studios—and Lotus Grove, a 778-unit residential and retail village, this site is at the epicenter of Doraville’s urban renaissance. With direct access to Buford Highway, I-285, and the MARTA Gold Line, the location offers unmatched connectivity to metro Atlanta and beyond.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 18-310-05-016
  • 18-310-05-015
Land Assessment
$238,291
Improvements Assessment
$1,057,869
Total Assessment
$1,296,160
  • Listing ID: 31062249

  • Date on Market: 2/27/2024

  • Last Updated:

  • Address: 5888 New Peachtree Rd, Doraville, GA 30340

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