0 Cleveland Ave East Point, GA 30344
This exceptional 0.44-acre lot, located at the corner of Bayard Street and Cleveland Avenue in East Point, Georgia (30344), presents a unique opportunity for developers. Zoned for immediate construction, this 26,118 square foot property boasts over 180 feet of street frontage, providing excellent visibility and accessibility. The site is ideally suited for a six-unit townhome development, capitalizing on the high demand for new construction in this up-and-coming area near downtown East Point. Current market conditions indicate a significant shortage of comparable townhome inventory, making this a highly attractive investment. The property's location offers convenient access to local amenities and is situated within a thriving community experiencing substantial growth. This is a turnkey opportunity to build a profitable townhome community without the need for any zoning changes. The asking price for this exceptional development site is $500,000. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.