1200 Kimberly Rd Atlanta, GA 30331
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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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.