$490,000
Prime Residential Development Opportunity - 1.15 Acres | 5-7 Lot Potential | East Point, GA (R-1A) Discover a rare opportunity to acquire a fully assembled residential development site consisting of five contiguous parcels on Phillips Avenue in East Point, Georgia. Encompassing approximately 1.15 acres, this offering presents a flexible and well- positioned footprint for single-family residential development within the R-1A zoning district. Based on current zoning standards, the property is well-suited for the development of approximately 5 to 7 single-family lots (subject to survey, site planning, and municipal approvals), offering both a straightforward by-right development path and potential upsidethrough optimized site design. Situated in a well-established neighborhood experiencing ongoing revitalization and infill growth, the property benefits from strong underlying housing demand driven by its proximity to Downtown Atlanta and Hartsfield-Jackson International Airport. The site features varying topography, which may allow for creative site design and architectural opportunities depending on the final development plan. Key Highlights: - Five contiguous parcels totaling 1.15 acres - Zoned R-1A - ideal for single-family residential development - Potential for approximately 5-7 residential lots (subject to approvals) - Varying topography offering potential for creative site planning - Strong infill development opportunity in a growing residential corridor - Minutes to Downtown East Point, Hartsfield-Jackson Airport, and major highways - Close to MARTA transit, schools, parks, and retail amenities Parcel IDs Included: 14 016300120075 (0.13 ac) 14 016300120067 (0.14 ac) 14 016300120059 (0.16 ac) 14 016300120042 (0.16 ac) 14 016300120430 (0.56 ac) Survey and additional due diligence materials available upon request.
10851882
MLS
Phillips Avenue, East Point
Listing courtesy of Compass.
