450 Bishop St, Atlanta, GA, 30318

450 Bishop St Atlanta, GA 30318

450 Bishop St, Atlanta, GA, 30318
450 Bishop St, Atlanta, GA, 30318
FOR SALE
Property Type:
Multifamily Land
Amount:
$4,750,000
Last Verified:
Jun 25, 2024

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Highlights

  • 2.31 acres
  • Zoning MR-4A-C
  • 3 miles to Downtown Atlanta
  • Northside Drive 33,000 VPD
  • Bishop St 4,320 VPD

Description

Rare development opportunity in Atlanta's Westside with easy access to Atlantic Station, top restaurants, health & fitness, coffee, goods & services, and more!

Infill lot 2.3 acres, zoned MR-4A-C, offering incredible potential for investors. Only 3 miles from Downtown Atlanta, the location provides excellent accessibility and exposure, with 33,000 vehicles per day passing by on Northside Drive and 4,320 vehicles per day on Bishop St.

Notable nearby developments include The Radius, completed in 2017, and 400 Bishop, currently underway.

*Survey available upon request

Development Lot in Atlanta's Westside

Lot Size: 2.31 acres

Map of 450 Bishop St, Atlanta, GA, 30318

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.