Land Development Opportunity in
For Sale
$2,400,000
514 Mcdonough SE Boulevard, Atlanta, GA 30315
1.837 acre corner lot zoned C-2 in Chosewood Park.
Property SizeContact for details
Lot Size1.84 Acres
Days on Market570
Property Features for 514 Mcdonough SE Boulevard
General Information
Standard status
Active
Lot size
1.84 Acres
Property subtype
Commercial/Industrial
Taxes and HOA fees
Annual Taxes
$9,305
Building Details
Year Built
1924
Listing Agency:
Keller Knapp
(770) 314-5856
Listed By:
KRIS R · License #249332
(770) 314-5856
Source:
Exitrealty
Added: Jan 24, 2025
Changed: Aug 8
Last Checked: Aug 8 at 6:23AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Knapp
Investment Insights
Based on property information with market context.
This 1.837-acre corner lot, measuring 400 x 200, presents a land development opportunity in the Beltline Overlay District. Zoned C-2, the property is suitable for commercial or residential development. It 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 for sale. Located in the Chosewood Park neighborhood, the property is within walking distance of the Beltline, shops, and restaurants. There are also plans for a new Publix shopping center two blocks away. The existing buildings have been demolished and removed. Soil tests have been performed, and all necessary trees have DDH permits. The property is located in an Opportunity Zone.
Key Highlights
- 1.837 acre corner lot in the Beltline Overlay District, zoned C2 for commercial or residential development.
- SAP approved for 100 apartment units with 100 parking spaces, or option to build up to 60 townhomes.
- Located in Opportunity Zone for maximized tax advantages.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
367
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
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Frequently Asked Questions
What type of property is this?
Commercial land - 1.837 acre corner lot zoned C-2 in Chosewood Park.
Where is this commercial land located?
The property is located at 514 Mcdonough SE Boulevard 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 C2 for commercial or residential development.; SAP approved for 100 apartment units with 100 parking spaces, or option to build up to 60 townhomes.; Located in Opportunity Zone for maximized tax advantages.
