2018 Flat Shoals Rd Atlanta, GA 30316
This exceptional 0.2-acre lot at 2018 Flat Shoals Road SE, Atlanta, GA 30316 presents a unique investment opportunity. The 1949-built, 4-sided brick structure offers a substantial fixer-upper, ideal for full-scale renovation or complete demolition and rebuild. Situated in a highly desirable area near East Atlanta Village (EAV), this property boasts 75 feet of road frontage and benefits from a partially C-1 zoning designation, opening doors to both residential and commercial development possibilities. The surrounding neighborhood is experiencing significant revitalization, with numerous renovated and newly constructed homes, ensuring strong value retention. Conveniently located near I-20 and East Lake, this property offers unparalleled access to major transportation routes. The property is sold as-is, where-is, with no disclosures or survey provided. The seller may consider short-term financing with a 20% down payment. This is a rare chance to acquire a large lot in a thriving Atlanta neighborhood; bring your vision and transform this property into something remarkable. The asking price is $249,900.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.