420 Chapel StAtlanta, GA 30313

  • Other commercial real estate
  • 0.57 AC
For Sale
$2,850,000 View listing

Property Details for 420 Chapel St

Lot size
0.57 AC
Zone code
MRC3
Property type
Other commercial real estate
APN
14 008400071092
APU
14008400071092

Description

This exceptional 24,394 square foot commercial land parcel presents a unique investment opportunity in the heart of Atlanta, Georgia. Located at 420 Chapel Street SW, 30313, this single-tenant property boasts a highly desirable corner lot position. Its strategic location offers unparalleled access to the burgeoning Centennial Yards development, a massive 50-acre mixed-use project encompassing 12 million square feet of office, retail, residential, and hospitality space. This $5 billion undertaking promises significant future growth and increased property value in the surrounding area. The property's size and prime location make it ideal for a variety of commercial ventures, capitalizing on the immense potential of this rapidly transforming Atlanta neighborhood. The address is easily accessible via major transportation routes, ensuring convenient access for both employees and customers. This is a rare chance to acquire a substantial land holding in a rapidly appreciating area, poised for substantial future returns. The property's single-tenant status offers simplicity and straightforward management. Serious inquiries are encouraged to explore the possibilities this exceptional property offers.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,894,179
    Hospitality
    $3,567,047
    Educational
    $2,967,741
    Medical
    $3,069,806
    Retail
    $4,616,486
420 Chapel St, Atlanta, Georgia

Location Insight

City
Atlanta
County
Fulton
State
Georgia
Latitude
33.7518
Longitude
-84.4013
CBSA code
12060
CBSA name
ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$13,293
$320,760
$320
$321,080
-
$801,900
$800
$802,700

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