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5888 New Peachtree Rd Atlanta, GA 30340

For Sale
$4,800,000

Land for residential and retail development near Doraville Marta station.

Source: Shoumic Khan Agent Shoumic Khan

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


Overview

Doraville Development Opportunity Near Marta

This property presents an opportunity to construct up to approximately 239 residential apartments, complemented by approximately 3,400 square feet of retail space. It is situated in close proximity to the Doraville Marta Train Station and the upcoming 13-acre Doraville Town Center redevelopment project. The site benefits from a flat topography and has all utilities available on site. The property is unencumbered by tenants or leases. Located within the Downtown Doraville new Town Center redevelopment master plan, the zoning is T-5 Urban Center. The TOD District designation allows for increased density. The property is located within Doraville TAD - Tax Allocated District and may qualify for New Market Tax Credits. It is also designated as a High Priority Investment Area.
Insight Report Location Intelligence

Current Use by Public Records

Atlanta Natural stone Countertop Store

Suggested Use

Realty agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

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

Location Insight

  • Map
  • Local Demand
City
Atlanta
County
Cobb
State
Georgia
Longitude
-84.2835328
Latitude
33.8997479

FAQs

What type of property is this?
Commercial land - Land for residential and retail development near Doraville Marta station.
Where is this commercial land located?
The property is located at 5888 New Peachtree Rd Atlanta, GA.
What is the asking price?
The asking price for this property is $4,800,000.
What are key features of this property?
This property features: - Proximity to Doraville Marta Train Station and the 13-acre Doraville Town Center redevelopment project.; - Opportunity to build up to ±239 residential apartments plus ±3,400 square feet of retail.; - Located within Doraville TAD (Tax Allocated District).
More about this property
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