492 Larkin StAtlanta, GA 30313

Property Details for 492 Larkin St

Year built

1935

Construction

WOOD

Lot size

1.07 AC

Property size (Sq ft)

4,536 SF

Zone code

C5C

Property type

Specialty properties

APN

14 008400111419

APU

14008400111419

Description

This exceptional 1.5-acre redevelopment opportunity is located in Atlanta's vibrant Castleberry Hill neighborhood, a designated Opportunity Zone. The property, encompassing 492 Larkin St SW and 251 Walker Street, includes two existing structures totaling less than 9,036 square feet, presenting a blank canvas for a new mixed-use or multi-family development. The HC-20N SA1 & HC-20N SA2 zoning permits a wide range of development options. This prime location offers unparalleled access to Atlanta's major attractions, including Mercedes-Benz Stadium and State Farm Arena, both within a half-mile radius and easily walkable. Two MARTA rail stations are also within walking distance, providing convenient public transportation. The property's proximity to a concentration of office, multi-family, mixed-use, and retail properties within a one-mile radius further enhances its desirability. The site's designation as a historic site may also qualify for tax credits, adding significant value to this already compelling investment opportunity. This location is a highly sought-after destination for the millennial workforce, ensuring strong rental demand for any new development. The property's size and location make it an ideal candidate for a high-density, mixed-use project catering to the growing needs of Atlanta's dynamic urban core. This is a rare chance to capitalize on the potential of this thriving area.

• Alternative Use

  Use

  Valuation

  Residential

  $713,928

  Hospitality

  $653,954

  Educational

  $544,082

  Medical

  $562,794

  Retail

  $846,350

Location Insight

City

Atlanta

County

Fulton

State

Georgia

Latitude

33.7476

Longitude

-84.4038

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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