Why enter another bidding war on a value-add MF development? Move Quickly to secure nearly 2 full acres in Downtown East Point. Parcel is flanked on 3 sides by major roads in the heart of Downtown - zoned as of right for MultiFamily and Mixed Use. Just 3 blocks from the East Point MARTA station, across Church Street from popular Resurgence Hall Charter School, this parcel is fully entitled! A Brand New Downtown Overlay District Zoning was codified in 2021 that allows up to 5 stories of MF or Mixed Use Units to be built as-of-right. Current structure must be demolished (cost of demo = approx. $40k). Sale comes with full entitlements, survey, Phase 1 & 2 Environmentals, Soil Survey ; all the time-consuming due diligence is already done. Just get LDP/Site Plan/Building Permits approved and get busy converting this teardown into your desired new construction preferred use. Tri Cities is BOOMING - home values are up 22.4% in last 12 months vs +11.7% in FulCo and -0.7% in Metro ATL. 70 Walk Score, $50k Median Household Income, convenient to MARTA/Airport in Fulton County's 6th largest City.
Property Features
1.97
No
None
Appraiser
8241.00
Other
Other
Other
No Dock Or Boathouse
Exterior Features
Fenced
Other
Other
Unimproved Land
Land
School Information
Paul D West
14
Tri Cities
Courtesy of The Collective Luxury Real Est
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