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861 Main Street - 32-Unit Townhome Development Site 1.54 Acres of Commercial Land Offered at $1,000,000 in Forest Park, GA 30297
Investment Highlights
- Central downtown Forest Park location undergoing major revitalization efforts.
- Surrounded by diverse retail, including Walmart, Kroger, Southlake Mall, and multiple just-in-time amenities.
- Dense population with over 160,000 residents within 5 miles and nearly 750,000 within 10 miles.
- Close to Hartsfield-Jackson Atlanta International Airport and Downtown Atlanta for superior connectivity.
Executive Summary
With close proximity to the Airport and Downtown Atlanta, this land is a high potential, high opportunity development piece that’s already properly zoned and ready for easy buildout. This combined with the growing, diverse population and the increasing demand homes makes this a fantastic investment project.
Key Highlights:
1. Zoning is currently RM which allows for 32 ready to build townhomes already approved by the city
2. Geo Compliance, Environmental, and Civil Drawings are all completed making this a fast development; a rarity.
3. Located in the heart of downtown Forest Park, where there is a major revitalization project ongoing.
4. Located near the airport and downtown Atlanta for easy convenience.
5. Great shopping options with Wal-Mart, Kroger, Southlake Mall, Value Village, TJ-Maxx and more.
6. Massive population of around 160,000 in a 5 mile radius and almost 750,000 in a 10 mile radius.
Property Facts
| Price | $1,000,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 1.54 AC |
| Property Type | Land | ||
| Zoning | C - Commercial | ||
| Price | $1,000,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 1.54 AC |
| Zoning | C - Commercial |
1 Lot Available
Lot
| Price | $1,000,000 | Lot Size | 1.54 AC |
| Price Per AC | $649,350.65 |
| Price | $1,000,000 |
| Price Per AC | $649,350.65 |
| Lot Size | 1.54 AC |
This is an exceptional 32-unit RM zoned townhome development, located on Main Street right in the heart of downtown Forest Park in Atlanta. The versatile zoning allows for a build to rent or for sale development without any need to seek rezoning.
Description
±1.54-acre townhome development site in downtown Forest Park RM zoning approved for 32 townhome units Build-to-rent or for-sale development opportunity No rezoning required for planned development Geo compliance, environmental, and civil drawings completed Development-ready site with streamlined path to construction Strong opportunity in rapidly growing South Atlanta corridor
Presented by
861 Main Street - 32-Unit Townhome Development Site
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