660 English Ave NW - Rezoned C2 0.16 Acres of Commercial Land Offered at $399,000 in Atlanta, GA 30318
INVESTMENT HIGHLIGHTS
- Rezoning to C-2 allows various commercial uses, including retail, services, and entertainment, with restrictions on storage and trailers
- 1.1 miles from Marta - Bankhead Train Station and 1.7 miles from Mercedes Benz Stadium
- Tax Allocation District (TAD) potential property value growth, development incentives, and reduced infrastructure costs
- 2 blocks from the Westside Beltline Trail and in close proximity for Georgia Tech University
EXECUTIVE SUMMARY
The property at 660 English Ave NW is located in a developing area of Atlanta, just 1.7 miles from Mercedes Benz Stadium and 1.1 miles from Marta’s Bankhead Train Station. It is also only two blocks away from the Westside Beltline Trail, a key area for urban development. Zoned C-2, the property allows for a range of commercial uses, including retail, services, and entertainment, with restrictions on storage and trailers. Situated within a Tax Allocation District (TAD), the site offers potential for property value growth, development incentives, and reduced infrastructure costs. Additionally, the adjacent land at 808 Donald Lee Hollowell Parkway is available for assemblage, presenting an opportunity for developers or investors to create a modern mixed-use development in a high-growth area along the Donald Lee Hollowell Parkway corridor.
PROPERTY FACTS
| Price | $399,000 |
| Sale Type | Investment or Owner User |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Mixed Use |
| Total Lot Size | 0.16 AC |
| Opportunity Zone |
Yes |
| Zoning | C2 - COMMERCIAL SERVICE DISTRICT (C-2) ~ MIXED USE DEVELOPMENT |
1 LOT AVAILABLE
Lot 1
| Price | $399,000 |
| Price Per AC | $2,493,750.00 |
| Lot Size | 0.16 AC |
This property and potential assemblage allows for both developers and investors to take advantage of the demand for higher density residential, commercial or mixed-use developments.
DESCRIPTION
Recently rezoned from R1 Residential to C-2 (Commercial Mixed-Use Development), the site is now positioned for a variety of commercial uses. The property is ideal for assemblage with neighboring parcels, providing an opportunity for a large-scale mixed-use development.
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