2916 Memorial Dr Atlanta, GA 30317
- Commercial real estate
- 1.20 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 2916 Memorial Dr
- Year built
- 1938
- Lot size
- 1.20 lot acres
- Property type
- Commercial real estate
Description
This exceptional 1.2-acre property at 2916 Memorial Drive SE, Atlanta, GA 30317, presents a remarkable investment opportunity. Built in 1938, the property features a single building situated on approximately 0.3 acres, zoned C1, and an additional 0.9 acres zoned R4. The existing commercial building, located on Memorial Drive, offers immediate income potential for a variety of commercial uses. The property's C1 zoning allows for diverse commercial ventures, including but not limited to, professional offices (doctor, dentist, lawyer), retail spaces, or service businesses. The adjacent 0.9-acre parcel, zoned R4, provides significant development potential, offering flexibility for future expansion or separate development projects. This prime location in Dekalb County, within Atlanta city limits, boasts excellent visibility and accessibility near the intersection of Candler Road and Memorial Drive. Its proximity to East Lake, Oakhurst, downtown Decatur, and downtown Atlanta ensures high traffic and visibility. The ample land provides ample space for designated parking, enhancing the property's appeal to potential tenants or occupants. The asking price for this unique property is $279,000. This is a rare opportunity to acquire a versatile property with immediate income potential and significant long-term growth prospects in a thriving Atlanta neighborhood.
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
- Dekalb - GA
- State
- Georgia
- Longitude
- -84.2911131
- Latitude
- 33.7474198
