Multifamily Development Opportunity in
Jonesboro Road SE Atlanta, GA 30315
For Sale
$799,900
LAND - Atlanta, GA
Lot Size4.50 Acres
Days on Market228
Property Features for Jonesboro Road SE
General Information
- Property type
- Land
- Property subtype
- Other
- Zoning
- RG-2
- Vegetation
- Brush, Heavily Wooded, Wooded
- Standard status
- Active
- APN
- 14 0027 LL1439
- Lot size
- 4.50 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5089
Utilities
- Utilities
- Cable Available
Listing Agency:
Drake Realty of GA, Inc.
(770) 565-2044
Listed By:
CHARLES DUBISSETTE
(770) 565-2044
Added: Dec 8, 2025
Changed: May 13
Last Checked: Jul 24 at 1:06PM
MLS# 7690252
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Investment Insights
Based on property information with market context.
This 4.5-acre property in Atlanta presents a multifamily development opportunity. Zoned RG-2, the site offers a .348 FAR. Located in the Lakewood Neighborhood, the property is positioned in a rapidly growing area with high housing demand. The site has approximately 340 feet of street frontage and underground utilities located at Jonesboro Rd. A Phase I Environmental Survey has been performed, with no issues or exceptions on site. The property allows for two development options: the construction of up to 45 townhome units, appealing to families and young professionals, or the development of an apartment or condo community with up to 75 residential units, based on an average unit size of 900 sq ft, suitable for long-term rental income or condo sales.
Key Highlights
- 4.5 acres zoned multifamily "By‑Right" (RG‑2) in Atlanta, streamlining development.
- Two development options: 45 townhomes or 75 apartments/condos.
- Located in the rapidly growing Lakewood Neighborhood with high housing demand.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Residential land & home ...
FAQs
What type of property is this?
Residential land & home lot - 4.5 acres in Atlanta zoned for multifamily development.
Where is this residential land & home lot located?
The property is located at Jonesboro Road SE Atlanta, GA.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: 4.5 acres zoned multifamily "By‑Right" (RG‑2) in Atlanta, streamlining development.; Two development options: **45 townhomes or 75 apartments/condos**.; Located in the rapidly growing Lakewood Neighborhood with high housing demand.
