Bought with Chereda Miller • Miller Realty LLC
$128,500
$149,900
14.3%For more information regarding the value of a property, please contact us for a free consultation.
0.26 Acres Lot
SOLD DATE : 07/24/2023
Key Details
Sold Price $128,500
Property Type Vacant Land
Sub Type Residential Lot
Listing Status Sold
Purchase Type For Sale
Subdivision Historic English Avenue
MLS Listing ID 10174502
Annual Tax Amount $1,722
Tax Year 2022
Lot Size 0.258 Acres
Property Description
Don't miss this opportunity to be a part of the transformative vision for Lowery Blvd. With its ideal location, current zoning, and remarkable potential, this property sets the stage for a lucrative investment and a vibrant addition to Atlanta's landscape. With the advantage of its Special Interest Zoning District designation, the property presents an opportunity for mixed-use development, combining residential and commercial buildings. Currently, there are zero parking restrictions, and building to the lot line is permitted, allowing for optimal land utilization. For savvy investors, the potential for the best return on investment lies in developing small commercial spaces on the street level, while constructing 20 or more rental units above and providing parking facilities underneath a new structure. For all ages and abilities, the recently completed Rodney Cook Sr. Park in Historic Vine City is within walking distance, offering a tranquil retreat and reflecting a significant $45 million investment in the area. Within proximity to attractions such as the Georgia World Congress Center, Aquarium, and the Castleberry Hills Arts & Entertainment district, next to the Mercedes-Benz Stadium provides a vibrant atmosphere and a wide range of entertainment options. This approximately 0.25-acre site boasts an exceptional location within a half mile of both the BeltLine Connector Trail
Location
State GA
County Fulton
Exterior
Community Features Walk To Public Transit, Walk To Shopping, Sidewalks, Street Lights
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available
View City
Building
Sewer Public Sewer
Schools
Elementary Schools Jones
Middle Schools Herman J. Russell
High Schools Washington
Others
Acceptable Financing Cash
Listing Terms Cash
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1355 Terrell Mill Rd., Bldg # 1464, Marietta, GA, 30067