For Sale
$2,299,000

65 Fairburn Rd Atlanta, GA 30331

8.41 Acres, Multi-Family Potential

Overview

Added:
Dec 11, 2024
Days on market:
138
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.

Highlights

  • $2,299,000 asking price for 8.41 acres of land.
  • Located at 65 Fairburn Rd SW, Atlanta, GA 30331 in Fulton County.
  • MR-4A zoning permits multi-residential development.
  • Land value is $273,365 per acre.
  • Fee simple ownership with 1031 exchange availability.
  • Broker co-op is available.

Property Details for 65 Fairburn Rd

Property type
Land
Lot Size (sq. ft)
366,340 SF

Location Insight

City
Atlanta
County
Fulton
State
Georgia
Latitude
33.755757
Longitude
-84.5055814

FAQs

What type of property is this?
Land - 8.41 Acres, Multi-Family Potential
Where is the land located?
The property is located at 65 Fairburn Rd Atlanta, GA.
What is the asking price?
The asking price for this property is $2,299,000.
What are key features of this property?
This property features: $2,299,000 asking price for 8.41 acres of land.; Located at 65 Fairburn Rd SW, Atlanta, GA 30331 in Fulton County.; MR-4A zoning permits multi-residential development.
How can I contact the broker?
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65 Fairburn Rd
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