Commercial Land Development Site | ±0.17 AC | Walking Distance to Old Fourth Ward & The BeltLine

316-322 Rasbury Street Atlanta, GA 30303

316-322 Rasbury Street, Atlanta, GA, 30303
316-322 Rasbury Street, Atlanta, GA, 30303
FOR SALE
Property Type:
Multifamily Land
Amount:
$250,000
Last Verified:
Feb 19, 2024

Highlights

  • ±0.17-acre commercial development site
  • Located less than a mile from Old Fourth Ward, Krog Street Market and the Atlanta BeltLine and less than 2 miles from Inman Park and Ponce City Market
  • Located conveniently in-between Sweet Auburn, Old Fourth Ward, the Atlanta BeltLine, Downtown Atlanta and Inman Park
  • Within walking distance to several restaurants and retail
  • High traffic counts of 346,000 vehicles per day on I-85
  • Zoned HC and is ideal for assemblage for townhomes, multifamily, mixed-use and more
  • Access to parcel off Auburn Ave NE
  • Potential to provide parking for neighbors and generate income
  • Potential to increase the square footage by purchasing Rasbury Street from the City of Atlanta
  • Billboards and cell tower equipment have recently been removed, improving development prospects
  • Seller financing possibly available

Description

This property is located in Atlanta, GA just off I-85, near Old Fourth Ward, the Atlanta BeltLine and Krog Street Market.

This property is located in Atlanta, GA.

Lot Size: 0.17 acres


Documents

Offering Memorandum

Map of 316-322 Rasbury Street, Atlanta, GA, 30303

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.