199 Edgewood SE Ave Atlanta, GA 30303-3000

Property Details for 199 Edgewood SE Ave

Year built

1925

Construction

WOOD

Lot size

0.21 lot acres

Property size

9,343 SF

Zone code

SPI1

Property type

Strip malls

Property subtype

Neighborhood centers

APN

14 005200030146

APU

14005200030146

Description

This exceptional redevelopment opportunity encompasses approximately 22,014 square feet on a 0.53-acre lot at 199 Edgewood Ave SE, Atlanta, GA 30303. Located in a Federal Opportunity Zone, this property offers unparalleled access to Grady Hospital and Georgia State University, placing it in the heart of a thriving urban environment. The site, which includes properties at 191, 199, and 207 Edgewood Avenue and 17 Jesse Hill Jr Drive, is zoned for a 68-foot building height, with potential for taller structures subject to city approval. Its strategic position at the intersection of Edgewood Avenue and Jesse Hill Jr Drive provides excellent visibility and accessibility. The property's proximity to the Atlanta Beltline, Downtown Atlanta's entertainment venues (including Mercedes-Benz Stadium and State Farm Arena), and a variety of restaurants and cafes ensures high demand for any future development. The asking price is $7,573,960, translating to $344.05 per square foot. Built between 1925 and 1930, this site presents a unique chance to create a valuable asset catering to the area's substantial student and workforce populations. The property's versatility allows for diverse development options, including student housing, multifamily residences, a hotel, retail/medical office space, or a mixed-use vertical development. Convenient access to I-75/85 and I-20, as well as its proximity (10 miles) to Hartsfield-Jackson Atlanta International Airport, further enhances its appeal.

Location Insight

City

Atlanta

County

Fulton

State

Georgia

Longitude

-84.3808

Latitude

33.7542

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments