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    313 Hill St SE Atlanta, GA 30312

    For Sale
    Contact for pricing

    0.51-acre site with mixed-use, retail, or residential development potential.

    Property Features for 313 Hill St SE

    General Information

    Zoning
    SPI-22

    Source: Michael Wess, CCIM Agent Michael Wess, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Grant Park Development Opportunity

    This \u00b10.51-acre site in Grant Park presents a mixed-use, retail, or pure residential development opportunity. Plans and permits are in place for 34 residential units and 27 parking spaces. A retail site plan includes a day care and 9 parking spaces, while a restaurant site plan features a restaurant, patio, and 13 parking spaces. The property is zoned SPI-22 Memorial Drive/Oakland Cemetery, eliminating the need for rezoning. The location is walkable to the growing neighborhoods of Summerhill, Reynoldstown, Old Fourth Ward, and South Downtown, with numerous restaurants and retail options nearby. The area features thousands of new and newer apartments. Oakland Cemetery, a \u00b148-acre destination with year-round events, is a short walk away. King Memorial MARTA Stations are a 9-minute walk, while Georgia State/Downtown, Auburn/Edgewood Ave, and the Atlanta Street Car are a 12-minute walk. The Eastside Beltline is a 10-minute bike ride away, and Hartsfield-Jackson Airport and Midtown are a 16-minute drive.
    Location Intelligence

    Current Use by Public Records

    Elite Tree Services Tree Service Powell Brothers Leak ... Roofing Contractor

    Suggested Use

    Realty agency Restaurant Spa & Massage Law Firm Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop 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
    -84.3796443
    Latitude
    33.7461702

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    FAQs

    What type of property is this?
    Commercial land - 0.51-acre site with mixed-use, retail, or residential development potential.
    Where is this commercial land located?
    The property is located at 313 Hill St SE Atlanta, GA.
    What are key features of this property?
    This property features: - Permitted and planned for mixed-use development offering flexibility for residential, retail, or restaurant ventures.; - Prime location walkable to Summerhill, Reynoldstown, Old Fourth Ward, and South Downtown.; - Zoned SPI-22 Memorial Drive/Oakland Cemetery, eliminating rezoning hurdles.
    (404) 876-1640
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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
    313 Hill St SE Atlanta, GA 30312
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