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    Jonesboro Rd SE Atlanta, GA 30315

    New
    For Sale
    $935,000

    Multi Family - Atlanta, GA

    Type:Multi Family
    Lot size:
    4.50 Acres
    Days on Market:
    5
    Last Refresh:
    Dec 13 at 3:06 pm

    Property Features for Jonesboro Rd SE

    General Information

    Property type
    Land
    Property subtype
    Multi Family
    Standard status
    Active
    Zoning
    RG-2
    APN
    14 0027 LL1439
    Lot size
    4.50 Acres

    Building Details

    Architectural style
    Other

    Drake Realty of GA, Inc (770) 565-2044 [email protected]

    Listing agent CHARLES DUBISSETTE (770) 565-2044

    Listing date Dec 9, 2025

    MLS# 7690252 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

    Atlanta Multifamily Development Opportunity

    This is a 4.5-acre land parcel in Atlanta, Georgia, zoned for multifamily development. The site, comprising two parcels, benefits from RG-2 zoning with a .348 FAR, facilitating a streamlined development process. Located in the rapidly growing Lakewood Neighborhood, the property is suited for new housing construction. It features approximately 340 feet of street frontage and has underground utilities located at Jonesboro Rd. A Phase I Environmental Survey has been performed, with no issues or exceptions on site. The site can accommodate up to 45 townhome units, appealing to families, young professionals, and those seeking homeownership benefits. Alternatively, a 75-unit apartment or condo community can be built, based on an average unit size of 900 sq ft, ideal for a stable, long-term rental income stream or a high-volume condo sale. According to the comprehensive plan, the City of Atlanta wants high density at this site.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Atlanta
    County
    Cobb
    State
    Georgia
    Longitude
    -84.36473933
    Latitude
    33.69025912

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    FAQs

    What type of property is this?
    Commercial land - 4.5 acres in Atlanta, zoned for multifamily development.
    Where is this commercial land located?
    The property is located at Jonesboro Rd SE Atlanta, GA.
    What is the asking price?
    The asking price for this property is $935,000.
    What are key features of this property?
    This property features: - 4. 5 Acres Zoned Multifamily "By-Right" (RG-2): Streamlines development.; - Two Development Options: Build either 45 townhomes or a 75-unit apartment/condo community.; - Located in the rapidly growing Lakewood Neighborhood: High demand for new housing.
    (770) 565-2044
    Request Owner's contact information
    Jonesboro Rd SE Atlanta, GA 30315
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    Jonesboro Rd SE
    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
    Jonesboro Rd SE Atlanta, GA 30315
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