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$490,000
Est. payment /mo
5,749 Sqft Lot
UPDATED:
Key Details
Property Type Land
Sub Type Residential Lot
Listing Status Active
Purchase Type For Sale
MLS Listing ID 10670979
HOA Y/N No
Annual Tax Amount $680
Tax Year 24
Lot Size 5,749 Sqft
Acres 0.132
Lot Dimensions 5749.92
Property Sub-Type Residential Lot
Source Georgia MLS 2
Property Description
Prime Residential Development Opportunity - 1.15 Acres | 5-7 Lot Potential | East Point, GA (R-1A) Discover a rare opportunity to acquire a fully assembled residential development site consisting of five contiguous parcels on Phillips Avenue in East Point, Georgia. Encompassing approximately 1.15 acres, this offering presents a flexible and well-positioned footprint for single-family residential development within the R-1A zoning district. Based on current zoning standards, the property is well-suited for the development of approximately 5 to 7 single-family lots (subject to survey, site planning, and municipal approvals), offering both a straightforward by-right development path and potential upside through optimized site design. Situated in a well-established neighborhood experiencing ongoing revitalization and infill growth, the property benefits from strong underlying housing demand driven by its proximity to Downtown Atlanta and Hartsfield-Jackson International Airport. The site features varying topography, which may allow for creative site design and architectural opportunities depending on the final development plan. Key Highlights: - Five contiguous parcels totaling 1.15 acres - Zoned R-1A - ideal for single-family residential development - Potential for approximately 5-7 residential lots (subject to approvals) - Varying topography offering potential for creative site planning - Strong infill development opportunity in a growing residential corridor - Minutes to Downtown East Point, Hartsfield-Jackson Airport, and major highways - Close to MARTA transit, schools, parks, and retail amenities Parcel IDs Included: 14 016300120075 (0.13 ac) 14 016300120067 (0.14 ac) 14 016300120059 (0.16 ac) 14 016300120042 (0.16 ac) 14 016300120430 (0.56 ac) Survey and additional due diligence materials available upon request. Seller is motivated and will consider serious offers.
Location
State GA
County Fulton
Rooms
Bedroom Description No
Interior
Fireplace No
Exterior
Community Features None
Utilities Available Electricity Available, Phone Available, Sewer Available, Water Available
View Y/N No
Private Pool No
Building
Lot Description Open Lot, Other
Faces GPS
Sewer Public Sewer
Water Public
New Construction No
Schools
Elementary Schools Briar Hills
Middle Schools Paul D West
High Schools Tri Cities
Others
Tax ID 14 016300120075
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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