Property summary
This exceptional 24,394 square foot commercial land parcel presents a unique investment opportunity in the heart of Atlanta, Georgia. Located at 420 Chapel Street SW, 30313, this single-tenant property boasts a highly desirable corner lot position. Its strategic location offers unparalleled access to the burgeoning Centennial Yards development, a massive 50-acre mixed-use project encompassing 12 million square feet of office, retail, residential, and hospitality space. This $5 billion undertaking promises significant future growth and increased property value in the surrounding area. The property's size and prime location make it ideal for a variety of commercial ventures, capitalizing on the immense potential of this rapidly transforming Atlanta neighborhood. The address is easily accessible via major transportation routes, ensuring convenient access for both employees and customers. This is a rare chance to acquire a substantial land holding in a rapidly appreciating area, poised for substantial future returns. The property's single-tenant status offers simplicity and straightforward management. Serious inquiries are encouraged to explore the possibilities this exceptional property offers.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
MRC3 · Atlanta, GAZoning
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Zoning designation
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The district profile from the municipal source: what is on file for MRC3 in Atlanta, GA.
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