Atlanta, GA 30311
$50,000
**MULTIFAMILY DEVELOPMENT OPPORTUNITY IN ATLANTA!** Approximately **0.69 acres** of wooded vacant land located at **400 Brownlee Road, Atlanta, GA**, with multifamily zoning offering potential for residential development. Property is reported to be **outside of a designated flood zone**, adding to its development appeal. The lot is currently wooded and will require clearing; however, the existing timber may offer an opportunity for the new owner to explore potential timber value to help offset site-preparation costs. Preliminary estimates provided indicate land clearing may be **$10,000 or less**, general contractor/site coordination costs approximately **$2,500-$5,000**, and applicable City of Atlanta fees approximately **$1,000-$3,000**. A great opportunity for a builder, developer, or investor looking for multifamily-zoned land within the City of Atlanta. **Buyer should independently verify zoning, permitted density and uses, utilities, flood-zone status, timber value, site-development requirements, and all estimated costs and governmental fees with the appropriate professionals and City of Atlanta.**
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Listed by Terri Copeland, Lokation Real Estate LLC