1884 Wells Dr Atlanta, GA 30311
- Land
- 5.60 lot acres
Current Use by Public Records
- Land
Property Details for 1884 Wells Dr
- Lot size
- 5.60 lot acres
- Property type
- Land
Description
This exceptional 5.6-acre property located at 1884 Wells Dr SW, Atlanta, GA 30311, presents a compelling development opportunity. Situated in Fulton County, this FEE SIMPLE land boasts a PD-H zoning designation, offering flexibility for various commercial and residential projects. The land is priced at $160,714 per acre, representing a significant investment potential given its strategic location and development potential. Its proximity to key Atlanta landmarks is a major advantage. The property is conveniently located just 3 minutes from the Oakland City MARTA station, providing easy access to public transportation. Furthermore, it's only 15 minutes away from the Mercedes Benz Stadium, placing it within close proximity to major entertainment and sporting venues. The site also benefits from its location within the Campbellton Road Tax Allocation District (TAD), potentially offering attractive tax incentives for qualified developments. This presents a unique opportunity for developers seeking to capitalize on the growing Atlanta market. The existing PD-H zoning allows for a range of uses, and there is potential for rezoning to accommodate multifamily residential or assisted living facilities, further enhancing the property's value and development possibilities. This prime location and flexible zoning make this a truly exceptional investment opportunity in a thriving area of Atlanta. The property's size and location make it ideal for a variety of projects, offering significant returns for the discerning investor.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Atlanta
- County
- Fulton
- State
- Georgia
- Longitude
- -84.4684
- Latitude
- 33.7041
