High-Density Multifamily & Mixed-Use Site | Downtown Doraville | ±2.7 Acres

5888 New Peachtree Road Atlanta, GA 30340

5888 New Peachtree Road, Atlanta, GA, 30340
5888 New Peachtree Road, Atlanta, GA, 30340 5888 New Peachtree Road, Atlanta, GA, 30340 5888 New Peachtree Road, Atlanta, GA, 30340 5888 New Peachtree Road, Atlanta, GA, 30340 5888 New Peachtree Road, Atlanta, GA, 30340 5888 New Peachtree Road, Atlanta, GA, 30340
FOR SALE
Property Type:
Multifamily Land
Amount:
$4,800,000
Last Verified:
Feb 23, 2024

Highlights

  • Located within Doraville TAD - Tax Allocated District
  • Flat Topography - All utilities on site
  • Unencumbered by tenants/leases
  • Located in Downtown Doraville new Town Center redevelopment master plan
  • Zoned T-5 Urban Center
  • TOD District increases density
  • New Market Tax Credits Possible
  • High Priority Investment Area

Description

Opportunity to build up to ±239 residential apartments plus ±3,400 square feet of retail within immediate proximity of the Doraville Marta Train Station and the recently announced 13-acre Doraville Town Center redevelopment project.

Atlanta, GA

Lot Size: 2.7 acres


Documents

Offering Memorandum

Map of 5888 New Peachtree Road, Atlanta, GA, 30340

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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:

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  • 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.