Share This Listing

Message

958 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

1025 - 1400 Vijay Dr
Chamblee, GA 30341
 Land For Sale · 12.89 AC

Residential Land & Home Lots Georgia 1025 - 1400 Vijay Dr, Chamblee, GA 30341

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Previously approved for a 141 unit townhome development

EXECUTIVE SUMMARY

THE OPPORTUNITY:
- Vijay Drive Industrial Park is a +/-12.89-acre site currently comprised of +/-96,189SF metal industrial buildings of varying sizes, ages, and conditions.
- The subject property was rezoned in 2022 from IT (Industrial Transitional) to VR (Village Residential) through a DCI (Development of Community Impact) for a 141-unit townhome development and +/-4,000SF of retail in (2) buildings on New Peachtree Road. The approved DCI plan expired in August of 2024. VR zoning provides for up to a 2.0 FAR and 80% max lot coverage.

PROPERTY FACTS Under Contract

Sale Type Investment or Owner User Property Subtype Residential
Sale Condition Redevelopment Project Proposed Use
Multifamily
  • Single Family Development
No. Lots 1 Total Lot Size 12.89 AC
Property Type Land No. Stories 1
Zoning VR - Village Residential: VR zoning provides for up to a 2.0 FAR and 80% max lot coverage.
Sale Type Investment or Owner User
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Single Family Development
Total Lot Size 12.89 AC
No. Stories 1
Zoning VR - Village Residential: VR zoning provides for up to a 2.0 FAR and 80% max lot coverage.

1 LOT AVAILABLE

Lot

Lot Size 12.89 AC
Lot Size 12.89 AC

PRIME/ ZONED redevelopment opportunity of +/-12.89 acres in the HEART of the City of Chamblee

DESCRIPTION

There are currently 12 tenants occupying the property. All Leases in the park are co-terminus with an expiration of July 31, 2026. There are no renewal rights or development clauses contained in any of the Leases. Extensive due diligence is available for review including survey, environmental studies (Phase 1 and 2), and previous City Council approvals with conceptual site plans.

PROPERTY TAXES

Parcel Number 18-278-03-060 Improvements Assessment $441,897 CAD
Land Assessment $1,136,306 CAD Total Assessment $1,578,203 CAD

PROPERTY TAXES

Parcel Number
18-278-03-060
Land Assessment
$1,136,306 CAD
Improvements Assessment
$441,897 CAD
Total Assessment
$1,578,203 CAD
 

  • Listing ID: 35007289

  • Date on Market: 2025-03-04

  • Last Updated:

  • Address: 1025 - 1400 Vijay Dr, Chamblee, GA 30341

The Land Property at 1025 - 1400 Vijay Dr, Chamblee, GA 30341 is currently available for Sale. Contact Oliaro Commercial, LLC for more information.

LAND PROPERTIES IN NEARBY NEIGHBORHOODS

1 of 2
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW STREET
MAP
1025 - 1400 Vijay Dr, Chamblee, GA for sale Aerial- Image 1 of 2
Vijay Drive Aerial 2025

Connect with us

© 2025 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}
You can provide feedback any time using the Help button at the top of the page.