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    556 Mcdonough Blvd SE Atlanta, GA 30315

    For Sale
    $2,650,000

    Mixed Use - Atlanta, GA

    Type:Mixed Use
    Lot size:
    1.30 Acres
    Days on Market:
    206
    Last Refresh:
    Dec 8 at 8:06 am

    Property Features for 556 Mcdonough Blvd SE

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Zoning
    c-2-C
    APN
    14 004100100968
    Parking
    60
    Parking features
    Parking Lot
    Lot size
    1.30 Acres

    Building Details

    Year built
    2025
    Architectural style
    Other

    Keller Knapp Inc (678) 358-4321 [email protected]

    Listing agent JONATHAN RICH (404) 370-0092

    Listing date May 17, 2025

    MLS# 7580682 Listing URL

    Copyright © 2025 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.

    Overview

    Permitted Atlanta Mixed-Use Development Site

    This 1.3-acre corner lot is located in the heart of South Atlanta, one of the city's fastest-growing neighborhoods. Zoned C-2-C, the property is situated within the Beltline Overlay and an Opportunity Zone. It comes with active building permits in hand for a 102-unit loft-style apartment complex, making it a shovel-ready project. The location is just minutes from the new BRT southside station, the Atlanta Beltline, Terminal Station food hall, The Beacon, and Grant Park. The site is surrounded by a tremendous amount of residential and commercial development. The property is intended for mixed-use development, specifically for the construction of 102 loft-style apartments.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Cobb
    State
    Georgia
    Longitude
    -84.36969312
    Latitude
    33.71417559

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    FAQs

    What type of property is this?
    Mixed-use property - 1.3 acre mixed-use land with permits for 102 loft apartments.
    Where is this mixed-use property located?
    The property is located at 556 Mcdonough Blvd SE Atlanta, GA.
    What is the asking price?
    The asking price for this property is $2,650,000.
    What are key features of this property?
    This property features: - Permitted for 102 Loft-Style Apartments: Shovel-ready project with active building permits in hand.; - Located in the Beltline Overlay and an Opportunity Zone: Offering potential incentives and benefits.; - Prime Location: Corner lot in the heart of South Atlanta, a rapidly growing area.
    (404) 370-0092
    Request Owner's contact information
    556 Mcdonough Blvd SE Atlanta, GA 30315
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    Atlanta, GA 30315
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    556 Mcdonough Blvd SE Atlanta, GA 30315
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