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555 Courtland St - Strategic Midtown ATL Redevelopment Opportunity ji 1.5 Acres of Commercial Land in Atlanta, GA 30308
Investment Highlights
- Rare 1.5-acre Midtown / SoNo development site between Downtown, Midtown, Emory Midtown Hospital, Georgia Tech, and Civic Center redevelopment area
- LoopNet listing references approximately 285,000 SF of Phase I buildable area and approximately 689,000 SF of total development potential
- Located near MARTA, Emory Midtown Hospital, Georgia Tech, Publix, the Civic Center redevelopment, and The Stitch
- SPI-1 zoning with mixed-use, multifamily, residential, office, medical, and institutional development potential.
- Income-producing medical building in place, allowing the buyer to control the land now while planning future development
- suited for a well-capitalized developer, investor, or joint-venture buyer seeking strategic Atlanta land now and prepare for 2027 construction
Executive Summary
The property consists of approximately 1.5 acres located between Downtown and Midtown Atlanta, near Emory University Midtown Hospital, Georgia Tech, MARTA access, Publix, the Civic Center redevelopment area, and The Stitch.
The site is zoned SPI-1 and has been positioned for a substantial multifamily, mixed-use, medical, residential, or institutional redevelopment. The current LoopNet listing references approximately 285,000 SF of Phase I buildable area and approximately 689,000 SF of total development potential, exclusive of parking.
Unlike a vacant land purchase, this offering gives a buyer interim income from an existing medical building while design, engineering, financing, incentives, and predevelopment work can be advanced. The existing medical lease runs through June 2027, creating a practical planning runway before a future construction start.
Property Facts
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.50 AC |
| Property Type | Land | No. Stories | 1 |
| Property Subtype | Commercial | ||
| Zoning | SPI-1 - Special Public Interest | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.50 AC |
| No. Stories | 1 |
| Zoning | SPI-1 - Special Public Interest |
1 Lot Available
Lot
| Lot Size | 1.50 AC |
| Lot Size | 1.50 AC |
Two tower development property. Currently has leased medical building on 50% of property. Lease ends 6/27. Secure now, plan and start construction in 2027.
Description
The property offers a unique combination of land scale, location, zoning, interim income, and future development flexibility. The current medical use should be viewed as a holding-income benefit rather than the long-term highest and best use. The existing lease allows a buyer to acquire the property now, receive income during the planning period, and be ready to move forward as the lease burns off. The ideal buyer is a well-capitalized multifamily, mixed-use, medical, student housing, senior housing, or institutional developer that understands long-term urban land control. The site should appeal to groups that are willing to secure irreplaceable land ahead of the next construction-financing cycle rather than wait until the market becomes more competitive.
Property Taxes
| Parcel Numbers | Improvements Assessment | $11,962 CAD | |
| Land Assessment | $1,613,526 CAD | Total Assessment | $1,625,489 CAD |
Property Taxes
Presented by
Linden Management Company
555 Courtland St - Strategic Midtown ATL Redevelopment Opportunity ji
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