Property profile

65 Fairburn Rd SW Atlanta, GA 30331

FOR SALE
Land
Property ID
US22-3375958
8.41 ac lot
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65 Fairburn Rd SW, Atlanta, GA 30331 For Sale
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65 Fairburn Rd SW, Atlanta, GA 30331
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Property summary

AI-generated overview

This exceptional 8.41-acre vacant land parcel presents a prime opportunity for multi-family residential development in Atlanta, Georgia. Located at 65 Fairburn Rd SW, in Fulton County, zip code 30331, this property boasts approximately 350 linear feet of Fairburn Road frontage and a total perimeter of roughly 2,900 linear feet. The land is currently zoned MR-4A, allowing for the development of approximately 120 townhouses or condominiums. Conceptual plans include semi-duplexes, triplexes, and fourplexes, with individual lot sizes of approximately 2,000 square feet, a floor area ratio of 1.49, a maximum height of 35 feet, and unit sizes of approximately 1,750 square feet. The asking price is $2,299,000, translating to $273,365 per acre. This fee simple property is offered as a 1031 exchange opportunity. The property consists of two combined vacant residential lots. This is a rare opportunity to acquire a large, well-located parcel suitable for a substantial multi-family development project. The property's size and zoning make it ideal for a variety of residential development options. Don't miss this chance to capitalize on Atlanta's thriving real estate market.

Property profile

Verified
Property type Land
Lot 8.41 ac (366,340 SF)
UPID US22-3375958

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

65 Fairburn Rd SW Atlanta, GA 30331
Atlanta metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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