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Land For Sale • 1.5 AC
The property offers a unique combination of land scale, location, zoning, interim income, and future development flexibility. The current medical use should be viewed as a holding-income benefit rather than the long-term highest and best use. The existing lease allows a buyer to acquire the property now, receive income during the planning period, and be ready to move forward as the lease burns off. The ideal buyer is a well-capitalized multifamily, mixed-use, medical, student housing, senior housing, or institutional developer that understands long-term urban land control. The site should appeal to groups that are willing to secure irreplaceable land ahead of the next construction-financing cycle rather than wait until the market becomes more competitive.
| Approximately 1.5-acre redevelopment site strategically located at the Downtown/Midtown Atlanta interface. |
| Existing development concepts demonstrate substantial vertical development capacity while preserving flexibility to evaluate alternative configuration |
| Approximately 689,000 SF of total development potential based upon existing entitlement information |
| Income-producing medical facility with existing lease through June 2028 provides interim cash flow during the holding, planning and predevelopment |
| Strategic location near Emory University Hospital Midtown, Georgia Tech, MARTA, Downtown Atlanta, the Civic Center redevelopment and The Stitch. |
| Located within economic-development incentive areas that may provide access to development tools and incentives, subject to purchaser verification |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 7 min | - | 3.0 mi | |
| Transit/Subway | Drive | Walk | Distance |
| North Avenue (Gold Line - Metropolitan Atlanta Rapid Transit Authority (MARTA), Red Line - Metropolitan Atlanta Rapid Transit Authority (MARTA)) | 2 min | 8 min | 0.4 mi |
| Civic Center (Gold Line - Metropolitan Atlanta Rapid Transit Authority (MARTA), Red Line - Metropolitan Atlanta Rapid Transit Authority (MARTA)) | 2 min | 8 min | 0.4 mi |
| Peachtree Center (Gold Line - Metropolitan Atlanta Rapid Transit Authority (MARTA), Red Line - Metropolitan Atlanta Rapid Transit Authority (MARTA)) | 2 min | 16 min | 0.8 mi |
| Midtown (Gold Line - Metropolitan Atlanta Rapid Transit Authority (MARTA), Red Line - Metropolitan Atlanta Rapid Transit Authority (MARTA)) | 4 min | 20 min | 1.1 mi |
| Airport | Drive | Walk | Distance |
| Hartsfield - Jackson Atlanta International | 19 min | - | 10.5 mi |
