Listing Agency: Bull Realty

Listed By: Andy Lundsberg · License #GA 256959 Show Phone

Source: Crexi

Added: Apr 11 Changed: Sep 4 Last Checked: Sep 8 at 8:33AM

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Investment Insights

Based on property information with market context.

The offering presents a development opportunity for a 50-unit multifamily or condo project. The property is positioned as a residential income build, with a total planned unit count of 50.

The site is located about two blocks from Ponce City Market in Old Fourth Ward.

This is being marketed as a for-sale multifamily/condo development opportunity with a clear target of 50 units.

Key Highlights

• 50‑unit multifamily or condo development opportunity
• Located 2 blocks from Ponce City Market in Old Fourth Ward

Property Analytics

Property Profile

Current Use

Defender Security & Comm Security Service

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Nursing Home Electrical Service Restaurant Mobile Phone Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

50

Residential units

Location Intelligence

Trade Area within ½ mile

2,869

Businesses Nearby

Explore this area Business Placement

Demographics for 30308, GA

22,121

Population

16,007

Households

1.4

Avg Household Size

32

Median Age

74%

College-Educated

97%

High-School Grad

1.6 sq mi

ZIP Area

13,826

Density / Sq Mi

$82,420

Median Household Income

$64,696

Median Earnings

$1,824

Median Rent

$387,300

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this apartment buildings located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Apartment building - Development opportunity for a 50-unit multifamily or condo project near Ponce City Market.

Where is this apartment building located?

The property is located at 495 North Avenue NE Atlanta, GA.

What are key features of this property?

This property features: 50‑unit multifamily or condo development opportunity; Located 2 blocks from Ponce City Market in Old Fourth Ward