Doraville Redevelopment Site | 9.8 Acres

9.8 Acres Peachtree Industrial Blvd Doraville, GA 30360

9.8 Acres Peachtree Industrial Blvd, Doraville, GA, 30360
9.8 Acres Peachtree Industrial Blvd, Doraville, GA, 30360
FOR SALE
Property Type:
Commercial Land Development
Amount:
$8,500,000
Last Verified:
Jan 03, 2020

Highlights

  • 9.8 acre redevelopment site
  • Excellent visibility on Peachtree Industrial Blvd with 4 ingress/egress points
  • City of Doraville may be willing to rezone for high-density mixed-use
  • Possibility to assemble additional properties
  • Highly sought-after Dunwoody High School district
  • Existing 95,135 SF of office in six buildings on-site
  • ┬▒ 91,220 vehicles per day on GA-141

Description

The City of Doraville has indicated they would rezone this site for a high-density, mixed-use project. Bring your vision for multifamily, senior living, hospitality, destination retail, entertainment, corporate campus or other commercial venture. The site is located in the award-winning Dunwoody High School District and offers great residential potential.

This 9.8 acre redevelopment site has approximately 95,135 SF within six office buildings that have all utilities on-site. There is excellent visibility and frontage on Peachtree Industrial Boulevard with four property entrances with one being off the Winters Chapel Road exit.

Doraville is a rapidly changing and diverse city located just inside the Perimeter in the Atlanta MSA. Home to the new 165-acre mixed-use GM plant development, Assembly Yards, the city is predicting a 44.7% future job growth over the next 10 years (higher than the US average of 33.5%.)

TBD

Lot Size: 9.8 acres

Map of 9.8 Acres Peachtree Industrial Blvd, Doraville, GA, 30360

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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.