(LAND) SFR NEW CONSTRUCTION OPPORTUNITY! (ATLANTA, GA 30310 – NEAR WEST END)
ASKING PRICE: $103,700
NEW CONSTRUCTION SALES PRICE: $515,000
Lot Location / Features
- Prime location near Historic West End, Oakland City, Venetian Hills, and Bush Mountain neighborhoods.
- Just 15 minutes from the heart of downtown Atlanta.
- Situated next to three comparable lots that sold for $90,000 each in 2024, with a larger lot size and more road frontage.
- Mostly clear lot with a few trees, featuring a slight slope—perfect for a new construction single-family residence (SFR).
Zoning & Development
- Zoned R-4, classified as buildable under current UDO (Unified Development Ordinance) guidelines.
- Lot of record—construction possible as long as setbacks are met.
- Excellent opportunity for developers looking to build in a growing area with strong comparable sales.
- UDO Link for R-4 Zoning
Utilities & Infrastructure
- Dual access at the front and rear of the lot.
- City water and sewer connections available, simplifying the development process.
- Ready for development with key infrastructure already in place.
- Access to Public Water & Sewer
- Lot Size: 0.1202 acres (5,235.91 sqft)
- Zoning: R-4
- Min. Building Requirements:
- Lot Size: Meets Lot of Record for SFR
- Frontage: Meets Lot of Record for SFR
- Set Backs: Front: 35ft, Sides: 7ft, Rear: 15ft
COMPS:
SFR New Builds:
- 979 Oakland Dr SW, SOLD $522,000 4 bd / 3.5 ba 2,150 sqft, 2024 Build
- 1218 Epworth St SW, SOLD $515,000 3 bd / 2.5 ba 1,900 sqft, 2024 Build
- 975 Oakland Dr SW, SOLD $510,000 4 bd / 3.5 ba 2,150 sqft, 2024 Build
Vacant Lot Sales:
- 1675 S Olympian Way SW, SOLD $90,000 on 6/3/24, Lot Size: 0.0840 acres
- 1681 S Olympian Way SW, SOLD $90,000 on 6/3/24, Lot Size: 0.0884 acres
- 1685 S Olympian Way SW, SOLD $90,000 on 6/3/24, Lot Size: 0.0884 acres
*CLICK HERE TO SUBMIT OFFER*
Contact for all info & offers!
704-741-2044
Kristie@zeres.capital
Looking for a CASH transaction. This is an assignment of contract and a non-refundable deposit is required in order to lock up the deal.
____________________________________________________________
Submitting your offer
Please submit your Highest and best offer once all due diligence has been completed. The highest and best will be accepted based on speed of closing, convenience and price.
All offers must be cash, private lending or hard money only, with the ability to close within (21) days or less. Price is net to the seller, buyer pays all closing costs unless otherwise specified.
After the offer is accepted, the contract must be signed and EMD must be received within 5 hrs to the agency/office that is facilitating the closing. Minimum EMD amount for this property is $5,000. Earnest Money Deposit is Non-Refundable unless title cannot be cleared.
All properties in which the contract is assigned will be delivered fully insured with clear title from a reputable title company/attorney’s office and underwriter.
Basic Terms
For any offering, we either own the property or have equitable ownership interest with the ability to assign our contractual rights to the purchasing party. The buyer is responsible for their own due diligence and verifying all facts and figures in regards to purchasing the property. The opinion of value is given as a courtesy only as the seller makes no guarantees or warranties, express or implied, as to the value or condition of the property.
Wholesalers and Real Estate Agents
You may share this property with your buyers, however, please do not post this deal on any online platform without our consent. Wholesalers and Real Estate Agents, please add your fee and/or commission on top of our offering price when marketing to clients. To discuss further, please contact us.