Active

514 Mcdonough Boulevard SE

Atlanta GA, 30315

$3,900,000


$48.75 per sqft

Active

79,998 sqft

Commercial

Built in 1924

Amazing Land Development Opportunity in The Beltline Overlay District! Sitting on 1.837 Acres this 400 x 200 Corner lot that sits slightly above McDonough Blvd is the perfect canvas. Already Zoned C 2 to build anything commercial or residential. Maximize Tax advantages for the Opportunity Zone for a long term hold with property already being SAP approved for 100 Apartment units with 100 Parking Spaces & ample side street parking on Park ave. Or build up to 60 Town Homes for sale. Located in the bustling Chosewood Park Neighborhood within walking distance to The Beltline, New Shops & Restaurants. Talks of the New Publix shopping center about to go in just 2 blocks away. Buildings have been already demolished & removed, soil tests performed, all necessary trees have DDH permits. Email for Survey, Apartment site and floor plans, and 60 Townhome site plan.

7513791

MLS ID

January 24, 2025

Listed

February 20, 2025

Updated

Interior Features

Total Stories

3


Interior Features

Other


Floor Description

None


Fireplace

No


Cooling

No


Cooling Description

None


Heating

No


Heating Description

None

Exterior/Building Features

Lot Size

1.84 Acres


Lot Features

Corner Lot, Level


Roof

None


Sewer

Public Sewer


Security

None


Window

None

Other Property Details

Taxes

$9,305


Tax Frequency

Annually


Days on Market

2


Accessibility

None


Garage

No


Parking

Parking Lot


Parking Total

96


View

Yes


View Description

City


County

Fulton - GA


Water Source

Public


Waterfront Features

None


Utilities

Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Other


Zoning

C2

Green Building Features

Green Features

None

Listed by Kris R with Keller Knapp 404-370-0092

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Data last updated 8:57 PM UTC, 2/20/2025

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