Property profile

1611 Ralph David Abernathy Blvd Atlanta, GA 30310

OFF-MARKET
Land
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Property summary

AI-generated overview

This 7,049 square foot commercial lot is located at 1611 Ralph David Abernathy Blvd SW in Atlanta, Georgia, 30310. Zoned NC-15, it offers a unique development opportunity in the vibrant Westview Neighborhood Commercial District. The property boasts excellent visibility and accessibility due to its location on a heavily trafficked boulevard. Essential utilities, including water and sewer, are already in place, making it development-ready. The NC-15 zoning allows for a variety of commercial uses, including, but not limited to, automobile service stations (with limitations), tattoo/body piercing establishments (with limitations), retail establishments (up to 5,000 sq ft), grocery stores (up to 8,000 sq ft, with potential expansion), cultural facilities, childcare centers, professional offices, and studios (up to 12,000 sq ft). Parking solutions, including decks and lots, are permitted to serve the district. Zoning restrictions are in place to maintain the character of the neighborhood, prohibiting obnoxious operations and limiting the number of certain establishments such as hair salons, dry cleaners, and package stores. The asking price is $146,000. The Fulton County APN is 14 014900010499. This property presents a strong investment potential for developers and entrepreneurs seeking to establish a business within a thriving Atlanta community. The lot's strategic location and the specific permitted uses create a clear pathway for development, aligning with community needs and district guidelines.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1611 Ralph David Abernathy Blvd Atlanta, GA 30310
Atlanta metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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