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    514 Mcdonough Blvd SE Atlanta, GA 30315

    For Sale
    $2,400,000

    Unimproved Land - Atlanta, GA

    Type:Unimproved Land
    Property size:
    79,998 SF
    Lot size:
    1.84 Acres
    Days on Market:
    70
    Last Refresh:
    Dec 8 at 2:06 am

    Property Features for 514 Mcdonough Blvd SE

    General Information

    Property type
    Commercial Sale
    Property subtype
    Unimproved Land
    Standard status
    Active
    Zoning
    C2
    APN
    14 004100100620
    Parking
    96
    Parking features
    Parking Lot
    Size
    79,998 SF
    Lot size
    1.84 Acres

    Building Details

    Year built
    1924
    Architectural style
    Other

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

    Listing agent KRIS R (404) 370-0092

    Listing date Sep 30, 2025

    MLS# 7513791 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 Land Development Opportunity

    This 1.837-acre corner lot, measuring 400 x 200, presents a land development opportunity within The Beltline Overlay District. Zoned C2, the property is suitable for commercial or residential development. Located in the Chosewood Park Neighborhood, the site is within walking distance of The Beltline, shops, and restaurants. The property is SAP approved for 100 apartment units with 100 parking spaces, with additional side street parking available on Park Avenue. Alternatively, the site can accommodate up to 60 townhomes. The property benefits from opportunity zone tax advantages for long-term holdings. Buildings have been demolished and removed, soil tests have been performed, and all necessary trees have DDH permits. The site is located slightly above McDonough Blvd. There are plans for a new Publix shopping center two blocks away.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Kimmies Kare Land Preschool

    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
    -84.370697
    Latitude
    33.714188

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    FAQs

    What type of property is this?
    Commercial land - 1.837 acre corner lot zoned C2 in Beltline Overlay District.
    Where is this commercial land located?
    The property is located at 514 Mcdonough Blvd 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 60 townhomes.**; - Located in Chosewood Park, **walking distance to The Beltline, shops & restaurants.**
    (404) 370-0092
    Request Owner's contact information
    514 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

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    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
    514 Mcdonough Blvd SE Atlanta, GA 30315
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