387 Lanier St Atlanta, GA 30318
- Commercial land
- 5,103 SF
- 0.26 lot acres
Current Use by Public Records
- Commercial land
Property Details for 387 Lanier St
- Year built
- 1968
- Lot size
- 0.26 lot acres
- Property size
- 5,103 SF
- Zone code
- RG3
- Property type
- Commercial land
- APN
- 14 014600120283
- APU
- 14014600120283
Description
This exceptional 0.258-acre commercial land parcel, located at 387 Lanier Street NW in Atlanta, Georgia, presents a unique build-to-suit opportunity. Priced at $249,000, this property offers significant potential for development. The lot, built in 2013, previously housed a 12-unit apartment complex, suggesting the feasibility of a similar-sized project. Its 675 square foot area provides ample space for a moderate-sized apartment complex, potentially accommodating 10 to 20 units. The property's prime location offers easy access to MARTA, various shopping options, and local schools, making it an attractive location for residential development. Situated minutes from downtown Atlanta, this land benefits from excellent proximity to the city center while maintaining a convenient residential atmosphere. The absence of existing buildings on the site allows for complete design flexibility, enabling the creation of income-producing units tailored to market demands. This is a rare chance to acquire a well-situated lot in a thriving Atlanta neighborhood, ideal for investors seeking a promising development project. The property is zoned for commercial use and is located in Fulton County, Georgia, zip code 30318. Coordinates are 33.7657361 latitude and -84.4393181 longitude.
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
- -84.4393
- Latitude
- 33.7657
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
