$200,000
Developer / Investor Special! Zoned MR-3! Development Opportunity – Prime Corner Lot in the Emerging Grove Park Neighborhood on Atlanta's Westside.
Exceptional opportunity to acquire a 0.23-acre corner property, prominently located at the highly visible intersection of Donald Lee Hollowell Parkway NW and Charlotte Place NW. The property has been recently rezoned from C-1 to MR-3, creating outstanding redevelopment potential in one of Atlanta's rapidly evolving corridors.
The site currently includes a 4-bedroom, 2-bathroom single-family home offering multiple possibilities. Investors may choose to renovate the existing residence, while developers will appreciate the property's superior value as a redevelopment site. With its prominent corner location, excellent visibility, and favorable zoning, this property is well suited for a standalone residential project, a multifamily development, or as part of a larger assemblage with neighboring parcels for a more significant development opportunity.
*Adding to its appeal, the surrounding area is experiencing substantial residential investment, with multiple townhome communities currently under construction and others nearing completion nearby, further highlighting the ongoing revitalization and development momentum throughout the Grove Park neighborhood. The property also benefits from its proximity to several transformative Westside initiatives, including the continued expansion and investment surrounding the Atlanta BeltLine, Westside Park, and the broader west Atlanta redevelopment corridor, all of which continue to attract new residential, commercial, and infrastructure investment to the area.*
Whether you're an investor seeking your next renovation project or a developer looking for a strategically located site with exceptional redevelopment potential, this property presents a rare opportunity to capitalize on the continued transformation of the Grove Park neighborhood and the Donald Lee Hollowell Parkway corridor.
Parking at the rear of the property is accessible via an alleyway. A current survey will be made available to qualified buyers upon request. Sold As-Is.
4
Beds
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2
Baths
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7812708
MLS
2020 Donald Lee Hollowell Nw Parkway, Atlanta
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