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Jonesboro Road

Atlanta, GA 30315
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Acres4.50

Acres(Lot)

Unparalleled Multifamily Development Opportunity: 4.5 Acres Zoned Multifamily "By-Right" Seize this rare opportunity to acquire two parcels (14 0027 LL143 & 14 0027 LL123) totaling 4.5 acres of land within the city of Atlanta, with exceptional RG-2 zoning having a .348 FAR, dramatically streamlining your path to development and breaking ground quickly. According to the comprehensive plan, the City of Atlanta wants high density at this site. Located in the Lakewood Neighborhood, a rapidly growing area with high demand for new housing, this property is a developer's dream. With approximately 340' of street frontage and underground utilities located at Jonesboro Rd, a Phase I Environmental Survey has been performed, with no issues or exceptions on site. Key Development Highlights: This offering provides two distinct, high-yield development paths, both permitted "By-Right" under the current multifamily zoning, eliminating the need for lengthy and unpredictable re-zoning processes: Option 1: Townhomes (45 Units) Maximum Yield: The site can accommodate up to 45 individual townhome units. Market Appeal: Townhomes offer high market value, appealing to families, young professionals, and those seeking homeownership benefits without the maintenance of a single-family lot. Option 2: Apartment/Condo Community (75 Units) Maximum Density: Build a thriving community with up to 75 residential units (based on an average unit size of 900 sq ft). Investment Strategy: Ideal for a stable, long-term rental income stream or a high-volume condo sale.

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Detail Ic Property Details

Property Type : Land

Price : $799,900

AD Id : 70612889

MLS Id : 7690252

Lot Size : 4.50 Acres(Lot)

County : Fulton

  • Map Map

Map

Feature Features

  • Lot Information

    Lot Dimensions: x Lot Size Acres: 4.5 Lot Size Source: Owner Lot Description: Wooded, Private

    Property Information

    Subdivision: None Source Property Type: Land Zoning Description: Multifamily Property SubType: Multi Family

  • Listing Price Information

    Listing Price: $799900 Original Price: $935000

  • Tax Information

    Parcel Number: 14 0027 LL1439 Tax Lot: 0 Tax Year: 2025 Annual Tax: $5089 Tax Legal Desc: Two Parcels 14-0027-LL-143-9 & 14-0027-LL-123

  • School Information

    Elementary School: John Wesley Dobbs
    Junior High School: Crawford Long
    Senior High School: South Atlanta
  • Utility Information

    Cable Available, Electricity Available, Sewer Available, Water Available
  • Location Information

    Direction: Specifically, the parcels are in the southeast portion of the Lakewood Neighborhood. The parcel ID numbers are 14 0027 LL143 & 14 0027 LL123. If one were using Google Maps, they would view 2300 Jonesboro Rd, SE, and look southwest across the street from this address.
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ByOwner last updated this listing 06/11/2026 @ 15:32

MLS: 7690252 LISTED BY: CHARLES DUBISSETTE, Drake Realty of GA, Inc. 770-565-2044 SOURCE: First Multiple Listing Service (FMLS)

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