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    1161 Victory Dr Atlanta, GA 30310

    Sponsored
    For Sale
    $1,950,000

    Prime Atlanta industrial land, I-2 zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2-acre (87,419 square foot) industrial land parcel presents a remarkable development opportunity in Atlanta, Georgia. Located at 1161 Victory Dr SW, Atlanta, GA 30310, this property boasts a highly desirable corner lot position at the intersection of Victory Drive SW and Lanier Drive. The expansive lot offers significant potential for a variety of industrial uses, thanks to its I-2 Heavy Industrial zoning classification. This zoning designation opens doors to numerous development possibilities, catering to a wide range of industrial businesses and projects. The property's strategic location within Atlanta provides easy access to major transportation arteries, ensuring seamless logistics and efficient distribution networks. The asking price for this prime industrial land is $1,950,000. This represents a compelling investment opportunity for developers and businesses seeking a strategic foothold in Atlanta's thriving industrial sector. Serious inquiries are encouraged to explore the full potential of this exceptional property.

    Property Features for 1161 Victory Dr

    General Information

    Property type
    Land
    Lot Size
    87,120 SF

    HighLights

    • $1,950,000 asking price.
    • 2‑acre industrial land parcel.
    • Located at 1161 Victory Dr SW, Atlanta, GA 30310.
    • I‑2 Heavy Industrial zoning.
    • Corner lot at Victory Dr and Lanier Dr.
    • Broker co‑op available.
    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
    Fulton
    State
    Georgia
    Longitude
    -84.4257138
    Latitude
    33.7071906

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    FAQs

    What type of property is this?
    Land - Prime Atlanta industrial land, I-2 zoning.
    Where is this land located?
    The property is located at 1161 Victory Dr Atlanta, GA.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: $1,950,000 asking price.; 2-acre industrial land parcel.; Located at 1161 Victory Dr SW, Atlanta, GA 30310.
    Request Owner's contact information
    1161 Victory Dr Atlanta, GA 30310
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    Atlanta, GA 30310
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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
    1161 Victory Dr Atlanta, GA 30310
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