Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    314 Mcdonough Blvd Atlanta, GA 30315

    For Sale
    $1,999,990

    0.91-acre lot, prime Atlanta location, high growth area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 0.91-acre commercial and residential land parcel, located at 314 McDonough Blvd SE, Atlanta, GA 30315, presents a unique investment opportunity. Zoned C-1-C, the property boasts all utilities (gas, water, electricity) and is conveniently situated on a state route, within 10 minutes of Atlanta City Hall. Its strategic location places it within walking distance of the Atlanta BeltLine and on a bus route. The area is experiencing significant growth, with over $1 billion in new multi-family developments within a half-mile radius, including Skyline Apartments, The Steede Apartments (senior living), The Verge Apartments, 55 Milton Apartments, The Maverick Apartments, Skylar Townhomes, The Upton Apartments, Englewood South Atlanta, Empire Zephyr Townhomes, Nolyn Pointe, and 3 Points at Chosewood Park. Several of these developments are already complete and occupied. The property is priced at $1,999,990, or $50.83 per square foot. Financing options are available. Due diligence confirms no liens on the property and no record of brownfield contamination. This is an ideal site for high-end townhomes or condominiums, capitalizing on the area's rapid expansion and high demand for housing. The seller is open to discussing partial financing.

    Property Features for 314 Mcdonough Blvd

    General Information

    Property type
    Land
    Lot Size
    39,640 SF

    HighLights

    • Strong 5‑year growth trajectory with ongoing development, presenting a prime investment opportunity.
    • High‑end townhome/condo development potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Fulton
    State
    Georgia
    Longitude
    -84.37747123
    Latitude
    33.7163897

    Nearby Similar for Sale

    • New
      $2,620,000
      0.21 Acres

      Luxury Townhomes Near Georgia Tech

      New townhomes near Georgia Tech, perfect for luxury rentals.
      1205 Holly St NW, Atlanta, GA 30318
      View Details
    • $2,620,000
      0.21 Acres

      Luxury Duplex Near Georgia Tech

      New construction duplex with city views near Georgia Tech.
      1205 Holly St NW, Atlanta, GA 30318
      View Details
    • $1,295,000
      Pending

      Morningside Residence with Coachhouse Duplex

      Handsome Morningside residence featuring a rare legal coachhouse duplex.
      1821 Rock Springs Rd NE, Atlanta, GA 30324
      View Details
    • $1,295,000
      0.34 Acres

      Morningside Residence with Coachhouse

      Charming Morningside residence featuring a rare legal duplex coachhouse.
      1821 N Rock Springs Rd NE, Atlanta, GA 30324
      View Details
    • $1,050,000
      Pending

      Virginia Highland Multifamily Investment Property

      Six-unit apartment building near Beltline and Ponce City Market.
      758 Saint Charles Ave NE, Atlanta, GA 30306
      View Details
    • $1,050,000
      Pending

      Virginia Highland Investment Property

      Well-maintained six-unit apartment building near Beltline and Ponce City Market.
      758 Saint Charles Ave NE, Atlanta, GA 30306
      View Details

    FAQs

    What type of property is this?
    Land - 0.91-acre lot, prime Atlanta location, high growth area.
    Where is this land located?
    The property is located at 314 Mcdonough Blvd Atlanta, GA.
    What is the asking price?
    The asking price for this property is $1,999,990.
    What are key features of this property?
    This property features: Strong 5-year growth trajectory with ongoing development, presenting a prime investment opportunity.; High-end townhome/condo development potential.;
    Request Owner's contact information
    314 Mcdonough Blvd Atlanta, GA 30315
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    314 Mcdonough Blvd
    Atlanta, GA 30315
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    314 Mcdonough Blvd Atlanta, GA 30315
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.