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Prime Land Development Opportunity

514 Mcdonough Boulevard SE Atlanta, GA 30315

514 Mcdonough Boulevard SE, Atlanta, GA, 30315

$2,400,000

For Sale

$2,400,000

LAND - Atlanta, GA

Property Size79,998 SF

Lot Size1.84 Acres

Price / SF$30

AddedJan 24, 2025

Days on Market538

Last RefreshJul 16 at 1:06 pm

Property Features for 514 Mcdonough Boulevard SE

General Information

Property type: Land
Property subtype: Other
Property condition: Under Construction
Zoning: C2
Parking: 96
Parking features: Parking Lot
Standard status: Active
APN: 14 004100100620
Size: 79,998 SF
Lot size: 1.84 Acres

Taxes and HOA fees

Tax Year: 2024
Tax Annual Amount: 9305

Utilities

Utilities: Cable Available
Sewer type: Public Sewer
Water source: Public

Building Details

Year built: 1924
Floors in Building: 3

Listing agent KRIS R License #249332

Listing office Keller Knapp 715 E Lake Dr, Decatur, GA

Listing date Jan 24, 2025

MLS# 7513791

Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1.837-acre corner lot, measuring 400 x 200, presents an exceptional land development opportunity within The Beltline Overlay District. Zoned C2, the property allows for commercial or residential construction. The site has SAP approval for 100 apartment units with 100 parking spaces, complemented by ample side street parking on Park Avenue. Alternatively, the land can accommodate up to 60 townhomes for sale. Located in the Chosewood Park Neighborhood, the property is within walking distance of The Beltline, shops, and restaurants. There are also discussions about a new Publix shopping center planned two blocks away. Buildings have been demolished and removed, soil tests have been performed, and all necessary trees have DDH permits. The property offers potential tax advantages within an Opportunity Zone for a long-term hold.

Key Highlights

1.837 acre corner lot in The Beltline Overlay District, zoned C 2 for commercial or residential development.
SAP approved for 100 apartment units with 100 parking spaces or up to 60 townhomes.
Opportunity Zone location maximizing tax advantages for long‑term investment.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Kimmies Kare Land High School

Suggested Use

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For sale
Commercial land
GA
Atlanta
30315
514 Mcdonough Boulevard SE

What type of property is this?

Commercial land - 1.837 acres zoned C2 in Atlanta's Beltline Overlay District.

Where is this commercial land located?

The property is located at 514 Mcdonough Boulevard SE Atlanta, GA.

What is the asking price?

The asking price for this property is $2,400,000.

What are key features of this property?

This property features: 1.837 acre corner lot in The Beltline Overlay District, zoned C 2 for commercial or residential development.; SAP approved for **100 apartment units with 100 parking spaces or up to 60 townhomes.**; Opportunity Zone location maximizing tax advantages for long‑term investment.

514 Mcdonough Boulevard SE Atlanta, GA 30315

LAND - Atlanta, GA

Property Features for 514 Mcdonough Boulevard SE

General Information

Taxes and HOA fees

Utilities

Building Details

Investment Insights

Key Highlights

Property Analytics

Current Use by Public Records

Suggested Use

Similar For Sale Nearby

Renovated Former Bank Office Building

Renovated Freestanding Bank Building

Freestanding Light Industrial Building

Freestanding Brick Commercial Building

Office Building with Multiple Entrances

Versatile Office Building

Multi-Tenant Office Investment Opportunity

Atlanta Commercial Property Renovation Opportunity

Retail Building on Highway

Church Facility Redevelopment Site

Turnkey Restaurant and Bar with Patio

Live-Work Development Land Assemblage

FAQs