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1050 Donald Lee Hollowell Pky NW 0.47 Acres of Commercial Land Offered at $763,650 CAD in Atlanta, GA 30318
Investment Highlights
- Located within the BeltLine Overlay District, offering density bonuses and design flexibility.
- Dual frontage on Donald Lee Hollowell Parkway and Finley Avenue NW for enhanced access.
- Direct connectivity to BeltLine Westside Trail and MARTA Bankhead Station (0.5 miles).
- Proposed MR-5B zoning supports multifamily development up to 150 feet in height.
- No environmental constraints per survey; utilities available at street.
- Positioned in one of Atlanta’s most active near-term development corridors.
Executive Summary
The site is currently zoned I-1 with BeltLine Overlay, with a proposed rezoning to MR-5B Multifamily Residential. This classification allows up to 150 feet of building height and a 3.2x FAR, enabling approximately 60,131 SF of residential density. Ground-floor retail is permitted with a 5% non-residential FAR allowance. The property offers dual street frontage on Donald Lee Hollowell Parkway and Finley Avenue NW, providing flexible access and visibility.
With no FEMA flood hazard constraints and utility connections available at the street, the site is well-positioned for redevelopment. The BeltLine Westside Trail Segment 4 runs directly along this corridor, reinforcing the site’s transit-oriented credentials and long-term investment potential.
Property Facts
| Price | $763,650 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.47 AC |
| Property Type | Land | ||
| Zoning | MR-5B - Commercial | ||
| Price | $763,650 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.47 AC |
| Zoning | MR-5B - Commercial |
1 Lot Available
Lot
| Price | $763,650 CAD | Lot Size | 0.47 AC |
| Price Per AC | $1,641,208.92 CAD |
| Price | $763,650 CAD |
| Price Per AC | $1,641,208.92 CAD |
| Lot Size | 0.47 AC |
0.43-acre infill development site on Donald Lee Hollowell Pkwy within Atlanta’s BeltLine Overlay District. Dual street frontage, proposed MR-5B zoning allows up to 150-ft height and 3.2x FAR. Ideal for multifamily with ground-floor retail.
Description
BeltLine Overlay Infill Development Site | MR-5B Zoning | 150’ Height | Westside Trail Corridor Located within the Atlanta BeltLine Overlay District, 1050 Donald Lee Hollowell Parkway NW presents a rare 0.43-acre infill development opportunity along one of Atlanta’s most active transit-oriented growth corridors. Positioned directly on Donald Lee Hollowell Parkway (US-78) with additional frontage on Finley Avenue NW, the site offers exceptional visibility, access, and development flexibility. The property is proposed for MR-5B Multifamily Residential zoning with BeltLine Overlay, allowing up to 150 feet in height and a 3.2x FAR, supporting approximately 60,131 SF of residential density. Ground-floor retail is permitted up to 5% of total floor area, enabling a mixed-use concept aligned with city planning initiatives and BeltLine design standards. Situated along the BeltLine Westside Trail Segment 4 corridor and approximately 0.5 miles from MARTA’s Bankhead Station, the site benefits from direct connectivity to Atlanta’s 22-mile BeltLine loop, reinforcing its appeal for high-density multifamily or mixed-use development. The surrounding corridor continues to experience sustained public and private investment, positioning this asset at the forefront of Westside redevelopment. The site is not impacted by FEMA flood hazards, wetlands, or impaired streams, and utility connections are available at the street. An existing one-story concrete block/stucco structure is conveyed as-is, offering either adaptive reuse or redevelopment optionality. A Georgia Power easement along the northern boundary may contribute toward open-space requirements if landscaped per City of Atlanta regulations. This offering is ideal for developers seeking a BeltLine-adjacent multifamily, mixed-use, or transit-oriented development site with zoning support, scale, and long-term growth upside in one of Atlanta’s most closely watched development corridors.
Property Taxes
| Parcel Number | 14-0113-0006-110-6 | Improvements Assessment | $20,619 CAD |
| Land Assessment | $95,565 CAD | Total Assessment | $116,184 CAD |
Property Taxes
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1050 Donald Lee Hollowell Pky NW
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