Multifamily Development Opportunity in
For Sale
$749,900
Jonesboro Road SE, Atlanta, GA 30315
LAND - Atlanta, GA
Property SizeContact for details
Lot Size4.50 Acres
Days on Market251
Property Features for Jonesboro Road SE
General Information
Property type
Land
Property subtype
Other
Zoning
RG-2
Zoning description
Multifamily
Vegetation
Wooded, Brush, Heavily Wooded
Lot features
Private
Elementary school
John Wesley Dobbs
Middle school
Crawford Long
High school
South Atlanta
Directions
Specifically, the parcels are in the southeast portion of the Lakewood Neighborhood. The parcel ID numbers are 14 0027 LL143 & 14 0027 LL123. If one were using Google Maps, they would view 2300 Jonesboro Rd, SE, and look southwest across the street from this address.
Standard status
Active
APN
14 0027 LL1439
Lot size
4.50 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
5089
Utilities
Utilities
Cable Available
Listing Agency:
Drake Realty of GA, Inc.
(770) 565-2044
Listed By:
CHARLES DUBISSETTE
(678) 914-1032
Added: Dec 8, 2025
Changed: Aug 1
Last Checked: Aug 16 at 11:06PM
MLS# 7690252
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 4.5-acre property in Atlanta presents a multifamily development opportunity. Zoned RG-2, the site offers a .348 FAR. Located in the Lakewood Neighborhood, the property is positioned in a rapidly growing area with high housing demand. The site has approximately 340 feet of street frontage and underground utilities located at Jonesboro Rd. A Phase I Environmental Survey has been performed, with no issues or exceptions on site. The property allows for two development options: the construction of up to 45 townhome units, appealing to families and young professionals, or the development of an apartment or condo community with up to 75 residential units, based on an average unit size of 900 sq ft, suitable for long-term rental income or condo sales.
Key Highlights
- 4.5 acres zoned multifamily "By‑Right" (RG‑2) in Atlanta, streamlining development.
- Two development options: 45 townhomes or 75 apartments/condos.
- Located in the rapidly growing Lakewood Neighborhood with high housing demand.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
160
Businesses Nearby
Explore this area
Business Placement
Demographics for 30315, GA
34,327
Population
15,458
Households
2.2
Avg Household Size
34
Median Age
28%
College-Educated
82%
High-School Grad
11.5 sq mi
ZIP Area
2,985
Density / Sq Mi
$42,383
Median Household Income
$36,311
Median Earnings
$989
Median Rent
$266,200
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Land - 4.5 acres in Atlanta zoned for multifamily development.
Where is this land located?
The property is located at Jonesboro Road SE Atlanta, GA.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: 4.5 acres zoned multifamily "By‑Right" (RG‑2) in Atlanta, streamlining development.; Two development options: **45 townhomes or 75 apartments/condos**.; Located in the rapidly growing Lakewood Neighborhood with high housing demand.
