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756 Joseph E Boone Blvd
Atlanta, GA 30314
Land For Sale · 0.16 AC

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INVESTMENT HIGHLIGHTS

  • Surrounded by additional retail

EXECUTIVE SUMMARY

Great Vine City redevelopment opportunity. Empty lot 1 mile west of downtown Atlanta. 48 Ft Frontage on main east-west corridor west of Northside Drive, two blocks west of new Cook Park. Additional platted rear access frontage on alleyway with two egress points. Potential for assemblage for larger development. Located in a Special workforce Public Interest District and a Tax Allocation Zone.

PROPERTY FACTS

Sale Type Investment
Sale Conditions
Ground Lease (Leasehold)
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Bank
  • Drugstore
  • Fast Food
  • General Freestanding
  • Hold For Development
  • Storefront, Retail or Office
Total Lot Size 0.16 AC
Opportunity Zone Yes
Zoning SPI-11 - medium density mixed use

1 LOT AVAILABLE

Lot

Price $689,465 CAD
Price Per AC $4,315,089.41 CAD
Lot Size 0.16 AC

48 X 145 lot in opportunity zone redevelopment area of Vine City. Currently zoned for medium density mixed-use in SPI, allows for a combined FAR of 3.30 with 85% lot coverage zoned for a 55 foot high building as large as 23,000 SF.

DESCRIPTION

Located across from a liquor store, a strip center with a dry cleaner, grocery store, and a former church property which sold for a higher per square foot price than asking price for this lot. Excellent Vine City redevelopment opportunity. 1 mile west of downtown Atlanta. Two blocks west of new 50M Cook Park. Potential for assemblage for larger development, area is currently undergoing major investment and development with several 5 floor multi-family buildings planned. Lot is currently being regraded and surfaced with crusher run for parking.

  • Listing ID: 3902643

  • Date on Market: 2016-03-22

  • Last Updated:

  • Address: 756 Joseph E Boone Blvd, Atlanta, GA 30314

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