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5989 W Lee's Mill Rd
College Park, GA 30349
 Apartment Development Site · Land For Sale · 28.00 AC

Residential Land & Home Lots Georgia 5989 W Lee's Mill Rd, College Park, GA 30349

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Investment Highlights

  • Great Multifamily Development Site (Apartments, Townhomes or Build-To-Rent Community)
  • Zoning Allows For 15 Units Per Acre with No Maximum Unit Count
  • Falls in a QCT (Qualified Census Tract). Perfect for a Tax Credit Development Project.
  • Property Has Spring-Fed Pond, Which Will Make for a Great Amenity

Executive Summary

Great Opportunity to Develop a Multifamily Project of Apartments, Townhomes or a Build-To-Rent (BTR) Community. Property Is Currently Zoned RMTSF (Residential Multi-Family To Single-Family) in Clayton County. The Future Land-Use Is Mixed-Use. The Property Falls in The Lee’s Mill Transit Oriented Development (TOD) Overlay District, Which Permits Multifamily Development. Minimum of 15 Units Per Acre, With No Maximum Units Per Acre. The Property Falls in a QCT (Qualified Census Tract), Which Means It Would Be Perfect for a Tax Credit Development Project. All Utilities at Property, Including a Manhole on the Property. Property Has a Spring-Fed Pond, Which Will Make for a Great Amenity.

Property Facts Under Contract

Sale Type Investment or Owner User Property Subtype Residential
No. Lots 1 Proposed Use
Commercial
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
  • Apartment Units - Subsidized
  • Hold For Development
  • Hold For Investment
  • Single Family Development
  • Single Family Residence
Property Type Land Total Lot Size 28.00 AC
Zoning RMTSF - Falls in The Lee’s Mill Transit Oriented Development (TOD) Overlay District. Permits Multifamily Development With Minimum of 15 Units Per Acre.
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Commercial
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
  • Apartment Units - Subsidized
  • Hold For Development
  • Hold For Investment
  • Single Family Development
  • Single Family Residence
Total Lot Size 28.00 AC
Zoning RMTSF - Falls in The Lee’s Mill Transit Oriented Development (TOD) Overlay District. Permits Multifamily Development With Minimum of 15 Units Per Acre.

1 Lot Available

Lot

Price $2,537,990 CAD Lot Size 28.00 AC
Price Per AC $90,642.50 CAD
Price $2,537,990 CAD
Price Per AC $90,642.50 CAD
Lot Size 28.00 AC

Description

Great Opportunity to Develop a Multifamily Project of Apartments, Townhomes or a Build-To-Rent Community. Property Is Currently Zoned RMTSF (Residential Multi-Family To Single-Family) in Clayton County. The Future Land-Use Is Mixed-Use. The Property Falls in The Lee’s Mill Transit Oriented Development (TOD) Overlay District, Which Permits Multifamily Development. Minimum of 15 Units Per Acre, With No Maximum Units Per Acre. The Property Falls in a QCT (Qualified Census Tract), Which Means It Would Be Perfect for a Tax Credit Development Project. All Utilities at Property, Including a Manhole on the Property. Property Has a Spring-Fed Pond, Which Will Make for a Great Amenity.

 

  • Listing ID: 29937793

  • Date on Market: 2023-11-01

  • Last Updated:

  • Address: 5989 W Lee's Mill Rd, College Park, GA 30349

The Land Property at 5989 W Lee's Mill Rd, College Park, GA 30349 is currently available for Sale. Contact New South Realty Associates, LLC for more information.

LAND PROPERTIES IN NEARBY NEIGHBORHOODS

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5989 W Lee's Mill Rd, College Park, GA for sale Aerial- Image 1 of 4
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5989 W Lee's Mill Rd, College Park, GA for sale Site Plan- Image 2 of 4
Possible Townhome Site Plan
5989 W Lee's Mill Rd, College Park, GA for sale Aerial- Image 3 of 4
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