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    784 Formwalt St SW Atlanta, GA 30315

    For Sale
    $52,900

    Single Family Residence - Atlanta, GA

    Type:Single Family Residence
    Lot size:
    0.04 Acres
    Days on Market:
    28
    Last Refresh:
    Dec 8 at 10:06 pm

    Property Features for 784 Formwalt St SW

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    Zoning
    SPI
    APN
    14 007500050808
    Lot size
    0.04 Acres

    Building Details

    Architectural style
    Other

    TREND ATLANTA REALTY, INC. (770) 777-1321 [email protected]

    Listing agent BRANDON MARSHALL (770) 777-1321

    Listing date Nov 11, 2025

    MLS# 7251234 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

    Residential Development Opportunity in Atlanta

    This property presents an incredible residential development opportunity on a level lot situated in the burgeoning Mechanisville area of Atlanta. Zoned SPI-18-SA5, the Mechanisville Special Public Interest District permits both single and multi-family development. The location offers convenient access to two Beltline entrances and is in close proximity to the New Pittsburgh Yards, a multi-million dollar, 31-acre mixed-use development. The property is also near the future Beltline Southside Corridor and within walking distance of The Beltline Westside Trail and Pittman Park. Its location provides easy access to several major redevelopment projects in the city, including The Met, the former Turner Field and State Farmers Market (now the Summerhill Food & Restaurant area), Hartsfield-Jackson International Airport, Lee & White Street, Georgia State University, all major highways, and downtown Atlanta. This 0.0385-acre lot is located in the Atlanta Opportunity Zone, offering potential additional benefits for development. This growing area is showing appreciation and is expected to continue growing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Cobb
    State
    Georgia
    Longitude
    -84.39575798
    Latitude
    33.73354628

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    FAQs

    What type of property is this?
    Land - Level lot near Beltline entrances, ideal for development.
    Where is this land located?
    The property is located at 784 Formwalt St SW Atlanta, GA.
    What is the asking price?
    The asking price for this property is $52,900.
    What are key features of this property?
    This property features: - Prime location in the rapidly developing Mechanisville area, pegged for growth and appreciation.; - Zoned SPI-18-SA5, allowing for single or multi-family development.; - Walking distance to two Beltline entrances, the Beltline Westside Trail, and Pittman Park.
    (770) 777-1321
    Request Owner's contact information
    784 Formwalt St SW 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
    784 Formwalt St SW Atlanta, GA 30315
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