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233 Joseph E Lowery Blvd NW
Atlanta, GA 30314 Vine City

$695,000 USD

Land For Sale  •  0.4 AC

Property Details

  • Property Type Land
  • Lot Size 0.4 AC
  • Zoning SPI-19-SA8
61 Transit Score
74 Walk Score

Description

Positioned in the heart of Atlanta’s Vine City neighborhood, this ±0.40-acre development site at 233 Joseph E. Lowery Blvd NW offers a rare opportunity for investors and developers seeking growth in one of the city’s most dynamic corridors. Located within a federally designated Opportunity Zone, the property provides substantial tax advantages, including capital gains deferral and potential exclusion of future appreciation for long-term holders. These incentives, combined with Atlanta’s robust economic trajectory, make this site an exceptional investment.
The parcel is zoned SPI-19-SA8, allowing for mid-density residential or mixed-use development with a 55-foot height limit. Conceptual plans include options for a 44-unit apartment building over four stories or a more cost-efficient 36-unit design across three stories. The site’s flat topography and full utility access streamline development, reducing time and cost for builders.
Strategically situated minutes from major destinations—2 minutes to Northside Drive, 3 minutes to the Westside BeltLine, and under 15 minutes to Downtown Atlanta—the property offers unparalleled connectivity. Nearby attractions include State Farm Arena, Mercedes-Benz Stadium, and the Atlanta University Center, creating strong demand drivers for residential and mixed-use projects. With Atlanta ranking among the fastest-growing U.S. metros and boasting 16 Fortune 500 headquarters, this location promises enduring value and vibrant community integration.

Highlights

Prime development site in Atlanta’s Vine City neighborhood
Located in a federally designated Opportunity Zone with tax benefits
Flexible zoning for multifamily, townhomes, or mixed-use projects
Conceptual plans for 36–44 apartment units available
Minutes from BeltLine, Downtown, and major employment hubs

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Atlanta (Crescent - Amtrak) 8 min - 4.5 mi
Transit/SubwayDriveWalkDistance
Ashby (Blue Line - Metropolitan Atlanta Rapid Transit Authority (MARTA), Green Line - Metropolitan Atlanta Rapid Transit Authority (MARTA)) 0 min 6 min 0.3 mi
Vine City (Blue Line - Metropolitan Atlanta Rapid Transit Authority (MARTA), Green Line - Metropolitan Atlanta Rapid Transit Authority (MARTA)) 3 min 20 min 1.1 mi
AirportDriveWalkDistance
Hartsfield - Jackson Atlanta International 19 min - 11.5 mi
Michael Wess, CCIM 770-598-6212 Bull Realty Inc.
Michael Wess, CCIM 770-598-6212 Bull Realty Inc.