156 Lakewood Way Atlanta, GA 30315
- Commercial real estate
- 1.54 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 156 Lakewood Way
- Lot size
- 1.54 lot acres
- Property type
- Commercial real estate
Description
This exceptional 1.54-acre lot in Atlanta, Georgia, presents a prime opportunity for multi-family development. Located at 156 Lakewood Way SW, in Fulton County (zip code 30315), this property is zoned MF-3 and comes with approved permits for the construction of 61 multi-family units. A site plan and Site Approval Plan (SAP) have already been approved by the city, significantly streamlining the development process. The approved plans could also be revised to accommodate approximately 30 townhomes. All necessary preliminary work has been completed by the seller, including securing rezoning documentation (available upon request). Essential utilities, including public sewer and water, are readily available on-site. This location boasts exceptional proximity to desirable amenities such as South Bend Park, Lakewood Amphitheater, Browns Mills Golf Course, Screen Gem Studios, downtown Atlanta, and Hartsfield-Jackson Atlanta International Airport. The asking price for this turnkey development opportunity is $525,000. This represents a remarkable investment for developers seeking a fast-track project with significant potential for return. Don't miss this chance to capitalize on this ready-to-build, high-demand location.
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
- -84.394833
- Latitude
- 33.70008
