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Property profile & analytics
OFF-MARKET
High-rise multifamily apartments

1200 Kimberly Rd Atlanta, GA 30331

15.5 ac lot
Property ID
US22-0479678
Property summary
AI-generated overview

This exceptional 15.5-acre commercial land parcel, located at 1200 Kimberly Rd SW, Atlanta, GA 30331, presents a remarkable opportunity for multi-family development. Currently zoned RG2, the property boasts pre-approved plans for a 280-unit complex, streamlining the development process. Situated in a rapidly expanding area of South Fulton County, this prime location offers unparalleled convenience. Residents will enjoy proximity to a wealth of amenities, including Walmart, Home Depot, and Kroger, ensuring a vibrant and convenient lifestyle. Excellent accessibility is a key feature, with less than two miles to I-285 and a ten-minute drive to I-20. Commuting is further simplified by its proximity to downtown Atlanta (15 minutes) and Hartsfield-Jackson Atlanta International Airport (18 minutes). The property's APN is 14F-0009-LL-093 ; 14F-0009-LL-093-2. This is a truly exceptional investment opportunity, offering significant potential for substantial returns in a high-demand market. The asking price for this strategically located and well-positioned property is $3,650,000.

Property profile
Verified
Property type High-rise multifamily apartments
Lot 15.5 ac (675,180 SF)
APN 14F-0009-LL-093 ; 14F-0009-LL-093-2
UPID US22-0479678
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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