Property summary
This exceptional redevelopment opportunity presents a ±30,740 square foot industrial warehouse building situated on a 0.22-acre lot in Atlanta's vibrant Castleberry Hill neighborhood. Built in 1900, this three-story structure is zoned HC-20N SA1, offering significant potential for adaptive reuse. The property's prime location within the Castleberry Hill Opportunity Zone provides significant tax advantages. Its central location offers unparalleled access to Downtown Atlanta's amenities, including proximity to Mercedes-Benz Stadium and State Farm Arena, and within walking distance of two MARTA rail stations. The surrounding area boasts a thriving mix of office, multi-family, mixed-use, and retail properties, making it an attractive destination for the millennial workforce. This unique property presents a rare chance to capitalize on the burgeoning Castleberry Hill market and create a high-demand development. The address is 316 Peters St SW, Atlanta, GA 30313, in Fulton County. This single-tenancy property offers a blank canvas for a visionary developer seeking to create a landmark project in a rapidly growing area.
Property profile
VerifiedCap rate & NOI
Current use
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Charitable Organization Social Service Agency
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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