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    469 Metropolitan Pl Atlanta, GA 30316

    Sponsored
    For Sale
    $895,000

    Prime East Atlanta land, ideal for townhomes or mixed-use.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 11,643 square foot lot, located at 469 Metropolitan Pl SE, Atlanta, GA 30316, presents a unique opportunity for development in the vibrant East Atlanta Village. Zoned NC-2, this ±0.267-acre site sits at the intersection of Metropolitan Place and Haas Avenue, offering a peaceful setting while being steps from the area's best restaurants and shops. With a Walk Score of 89 and a Bike Score of 61, this location boasts exceptional walkability and bikeability. Preliminary plans suggest the potential to construct approximately 12 townhomes or a three-story mixed-use building, potentially reaching 19,000 gross square feet. Comparable townhomes in the area are currently selling in the mid $500,000s to $700,000s. The property's APN is 1517703136. This is a rare chance to capitalize on the high demand for housing and commercial space in this thriving DeKalb County neighborhood. The asking price for this remarkable development opportunity is $895,000.

    Property Features for 469 Metropolitan Pl

    General Information

    Property type
    Multifamily properties

    HighLights

    • Mixed‑use or townhome development site in the heart of East Atlanta Village.
    • ±0.267‑acre (11,643 SF) lot at Metropolitan Pl & Haas Ave intersection.
    • Peaceful location near East Atlanta Village's restaurants and shops.
    • Walk Score of 89 (Very Walkable).
    • Bike Score of 61 (Bikeable).
    • Potential for 12 townhomes or a three‑story building (approx. 19,000 gross SF).
    Property Profile 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
    DeKalb
    State
    Georgia
    Longitude
    -84.3446947
    Latitude
    33.7409063

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    FAQs

    What type of property is this?
    Multifamily property - Prime East Atlanta land, ideal for townhomes or mixed-use.
    Where is this multifamily property located?
    The property is located at 469 Metropolitan Pl Atlanta, GA.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: Mixed-use or townhome development site in the heart of East Atlanta Village.; ±0.267-acre (11,643 SF) lot at Metropolitan Pl & Haas Ave intersection.; Peaceful location near East Atlanta Village's restaurants and shops.
    (404) 876-1640
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    469 Metropolitan Pl Atlanta, GA 30316
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    Atlanta, GA 30316
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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
    469 Metropolitan Pl Atlanta, GA 30316
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