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$13,899,999

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9.79 Acres Lot

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1058 MORELAND AVE SE Atlanta, GA 30316

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Nicole Van Den Bergh

[email protected] +1(770) 283-1223

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Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 10479471

HOA Y/N No

Originating Board Georgia MLS 2

Annual Tax Amount $11,192

Tax Year 2023

Lot Size 9.790 Acres

Acres 9.79

Lot Dimensions 9.79

Property Sub-Type Unimproved Land

Property Description

Seize a Rare and High-Visibility Development Opportunity. This 9.79-acre site is located at the Bustling Intersection of Moreland Ave and Skyhaven Rd, offering 700 feet of frontage and positioning it perfectly for a mixed-use project in one of Atlanta's fastest-growing corridors. Adjacent to a 14-acre greenspace, the property presents a prime location for both residential and commercial development. The proposed project includes 17,000 of Commercial and Retail Space on the ground floor, perfect for restaurants, boutiques, offices, and daily essentials; 110 modern residential apartments atop the commercial spaces; and 47 for-sale townhomes catering to buyers seeking a vibrant, walkable community. Additionally, there is potential for expansion with room to add 25 more apartments. Site plans, schematic designs, and floorplans are provided, significantly reducing costs and time to construction. The property benefits from high traffic visibility, with over 35,000 vehicles passing daily, and is located adjacent to a 14-mile Greenspace trail, enhancing its appeal and absorption rates. The area is rapidly appreciating, with strong demand for mixed-use developments. Positioned along the key corridor connecting East Atlanta, Ormewood Park, Grant Park, and South Atlanta, this site is ideal for both residential and commercial growth. Nearby Developments, including East Atlanta Village, Grant Park, and the BeltLine, have experienced Exponential Property Value Increases, while Apartment complexes in the Area report over 95% Occupancy Rates and steadily rising rents. The site is also close to key employers and institutions like Hartsfield-Jackson Airport and Georgia State University. Comparable mixed-use projects in the area, such as The Indie and Glenwood Park, Demonstrate Strong leasing demand and High occupancy rates. This 9.79-acre site offers exceptional investment potential with multiple revenue streams from apartments, townhomes, commercial leasing, and retail space, all in a prime location with excellent accessibility. The development's proximity to major highways, employment hubs, and growing residential and retail markets ensures continued demand and growth.

Location

State GA

County Dekalb

Interior

Fireplace No

Exterior

Community Features Near Public Transport, Park, Near Shopping

Utilities Available Other

View Y/N No

Private Pool No

Building

Lot Description Level

Faces Please Use GPS For The Best Directions. Property is Located On Chester Ave SE which is Off Of Memorial Ave SE.

Sewer Public Sewer

Water Public

New Construction No

Schools

Elementary Schools Parkside

Middle Schools King

High Schools Mh Jackson Jr

Others

Tax ID 1514518044 , ASSEMBLAGE

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Nicole Van Den Bergh

Broker | License ID: 381292

+1(770) 283-1223

1058 MORELAND AVE SE Atlanta, GA 30316

Nicole Van Den Bergh

Key Details

Location

Interior

Exterior

Building

Schools

Others

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1058 MORELAND AVE SE

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