For Sale
Request a price

1884 Wells Dr Atlanta, GA 30311

5.6 Acres, Prime Location, High Potential

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 5.6-acre property located at 1884 Wells Dr SW, Atlanta, GA 30311, presents a compelling development opportunity. Situated in Fulton County, this FEE SIMPLE land boasts a PD-H zoning designation, offering flexibility for various commercial and residential projects. The land is priced at $160,714 per acre, representing a significant investment potential given its strategic location and development potential. Its proximity to key Atlanta landmarks is a major advantage. The property is conveniently located just 3 minutes from the Oakland City MARTA station, providing easy access to public transportation. Furthermore, it's only 15 minutes away from the Mercedes Benz Stadium, placing it within close proximity to major entertainment and sporting venues. The site also benefits from its location within the Campbellton Road Tax Allocation District (TAD), potentially offering attractive tax incentives for qualified developments. This presents a unique opportunity for developers seeking to capitalize on the growing Atlanta market. The existing PD-H zoning allows for a range of uses, and there is potential for rezoning to accommodate multifamily residential or assisted living facilities, further enhancing the property's value and development possibilities. This prime location and flexible zoning make this a truly exceptional investment opportunity in a thriving area of Atlanta. The property's size and location make it ideal for a variety of projects, offering significant returns for the discerning investor.

Highlights

  • 5.6-acre land parcel in Atlanta, GA.
  • Zoned PD-H, offering potential for multifamily and assisted living rezoning.
  • Located near Oakland City MARTA station and Mercedes-Benz Stadium.
  • Situated in a Campbellton Road Tax Allocation District (TAD).
  • Priced at $160,714 per acre, fee simple ownership.

Property Details for 1884 Wells Dr

Property type
Land
Lot Size (sq. ft)
243,936 SF

Location Insight

City
Atlanta
County
Fulton
State
Georgia
Latitude
33.7041384
Longitude
-84.468393

FAQs

What type of property is this?
Land - 5.6 Acres, Prime Location, High Potential
Where is the land located?
The property is located at 1884 Wells Dr Atlanta, GA.
What are key features of this property?
This property features: 5.6-acre land parcel in Atlanta, GA.; Zoned PD-H, offering potential for multifamily and assisted living rezoning.; Located near Oakland City MARTA station and Mercedes-Benz Stadium.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1884 Wells Dr
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message