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1174 McDonald Dr SE - 2.44+/- Parcels Chosewood Park & Summerhill A 2.44 Acres of Commercial Land Offered at $6,477,339 CAD in Atlanta, GA 30315

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Investment Highlights

  • Location
  • Approx. 300' from the new Atlanta Beltline
  • Hilltop elevation

Executive Summary

Chosewood Park Redevelopment Site
The combined 2.44+/- Parcels are in the middle of explosive multi family developments
This is an opportunity for a developer to have recent and in progress developments of
Chosewood Park & Summerhill Area as the wind behind their sail.
1174 McDonald Dr SE, Atlanta, GA 30315

Entitled MR-4a Multi-Family MuniCode
Call Rick Ferguson @ 678-209-3100 to discuss

Property Facts

Price $6,477,339 CAD
Sale Type Investment or Owner User
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Dorms
  • Apartment Units - Senior
  • Apartment Units - Subsidized
  • Hold For Development
  • Hold For Investment
  • Single Family Development
Total Lot Size 0.76 AC
Year Built 1950
Opportunity Zone Yes
Zoning MR-4A / Beltline Overlay - MR-4A-C district- the intent of which is described below: Permitted Use: Townhomes, Single-family, & two-family dwellings Eight-story, multi-family

1 Lot Available

Lot

Price $6,477,339 CAD
Price Per AC $2,654,647.17 CAD
Lot Size 2.44 AC

Hilltop Property w/View Approx. 300' from the Atlanta Beltline MR-4A district- the intent of which is described below: Townhomes, Single-family, & two-family dwellings Eight-story, multi-family dwellings Utilities are in Place

Description

This area of Chosewood Park is transforming from industrial use to a walkable multi family/retail locality. This area has seen strong growth and resurgence due in part by the Atlanta Beltline .

Property Taxes

Property Taxes

Parcel Number
14-0055-0013-003-4
Land Assessment
$95,268 CAD
Improvements Assessment
$486,249 CAD
Total Assessment
$581,517 CAD
  • Listing ID: 35281322

  • Date on Market: 2025-03-27

  • Last Updated:

  • Address: 1174 McDonald Dr SE, Atlanta, GA 30315

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