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1.5 Acre Redevelopment Site
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492 Larkin St SW, Atlanta, GA 30313

1.5-acre redevelopment site in Castleberry Hill Opportunity Zone.

Property Size9,036 SF
Lot Size1.50 Acres
Days on Market1922

Property Features for 492 Larkin St SW

General Information

Standard status Active
Size 9,036 SF
Lot size 1.50 Acres
Property subtype Land, Mixed Use, Multifamily
Zoning HC-20N SA1 & HC-20N SA2
Listing Agency: SVN Second Story Real Estate Management- Atlanta
Listed By: Michael Nolen · License #302501
Source: Crexi
Added: Jun 7, 2021 Changed: Aug 27 Last Checked: Sep 9 at 8:05AM

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 SVN Second Story Real Estate Management- Atlanta

Investment Insights

Based on property information with market context.

This 1.5-acre redevelopment site is located in the Castleberry Hill Opportunity Zone of Downtown Atlanta. The property includes 251 Walker Street and 492 Larkin Street, featuring structures of 4,500 and 4,536 square feet respectively. The offering presents an opportunity to demolish the existing structures, totaling less than 10,000 square feet, and develop new mixed-use, multi-family product in this dynamic overlay development district.

Key Highlights

  • 1.5 Acre Redevelopment Site
  • Located in Castleberry Hill Opportunity Zone of Downtown Atlanta
  • Opportunity to develop new mixed‑use, multi‑family product

Property Analytics

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Current Use

Carl M Williams ... Social Service Agency 100 black men ... Social Service Agency Richard Steffs Consulting Marketing & Advertising

Suggested Use

Top Pick Veterinary Clinic Tanning Salon (Bike/Boat/Book/etc) Store Pet Grooming Service Carpet & Flooring Store Clothing & Fashion 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.

Location Intelligence

Trade Area within ½ mile

3,066
Businesses Nearby

Demographics for 30313, GA

9,788
Population
3,604
Households
2.7
Avg Household Size
26
Median Age
55%
College-Educated
95%
High-School Grad
1.2 sq mi
ZIP Area
8,157
Density / Sq Mi
$79,068
Median Household Income
$33,832
Median Earnings
$1,696
Median Rent
$365,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - 1.5-acre redevelopment site in Castleberry Hill Opportunity Zone.
Where is this commercial land located?
The property is located at 492 Larkin St SW Atlanta, GA.
What are key features of this property?
This property features: 1.5 Acre Redevelopment Site; Located in Castleberry Hill Opportunity Zone of Downtown Atlanta; Opportunity to develop new mixed‑use, multi‑family product
More about this property
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