2685 Campbellton RdAtlanta, GA 30311

Property Details for 2685 Campbellton Rd

Year built

1934

Construction

WOOD

Lot size

1.18 AC

Property size (Sq ft)

1,444 SF

Zone code

C1

Property type

Retail properties

Property subtype

Auto shops

APN

14 019900030199

APU

14019900030199

Description

This exceptional 5.68-acre parcel presents a remarkable opportunity for mixed-use development in Atlanta, Georgia. Located at 2685 Campbellton Rd SW, this property boasts 442 feet of frontage on Campbellton Road SW and 292 feet on Dodson Dr SW, offering excellent visibility and accessibility. The site is zoned MRC-2-C (Mixed Residential Commercial Conditional/Campbellton Road Overlay) and has recently undergone rezoning (approved May 1, 2023, under application Z-23-10, City of Atlanta Ordinance 23-0-1161). Approved plans allow for a three-story apartment building with 56 units and over 16,200 square feet of ground-floor retail space. Multiple ingress/egress points are available off both Campbellton Road and Dodson Dr SW, with access at signalized intersections. The property benefits from its location within the Campbellton Road Tax Allocation District (TAD) and the City of Atlanta Commercial Development Incentives District (CDIA), as well as being situated in a HUD Qualified Census Tract (QCT) for LIHTC redevelopment. The land is level and cleared, requiring only limited tree recompense. High traffic counts are a significant advantage, with approximately 8,230 vehicles traveling daily on Campbellton Road SW in front of the property. A MARTA bus stop is conveniently located on-site. The property's APN is 14019900030199. This is a truly unique opportunity to capitalize on Atlanta's thriving real estate market. The asking price is $2,100,000.

• CAP approach

  CAP return

  Valuation

  6%

  $291,881

  6.5%

  $269,429

  7%

  $250,184

• Comparable approach

  Method

  Valuation

  Relative Method

  $709,800

  Geo Method

  $709,800

• Alternative Use

  Use

  Valuation

  Residential

  $227,273

  Hospitality

  $208,181

  Educational

  $173,204

  Medical

  $179,161

  Retail

  $269,429

Location Insight

City

Atlanta

County

Fulton

State

Georgia

Latitude

33.7027

Longitude

-84.4766

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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