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$1,400,000

Est. payment - /mo

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3 Beds

3.5 Baths

12,000 SqFt

Active

17 Grove Park PL NW Atlanta, GA 30318

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Sandria Taylor-Joseph

sandria@homesbysandria.com +1(678) 887-1313

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 12,000 sqft

Price per Sqft $116

MLS Listing ID 10722343

Style Brick 4 Side

Bedrooms 3

Full Baths 2

Half Baths 3

HOA Y/N No

Year Built 1951

Annual Tax Amount $3,825

Tax Year 24

Lot Size 1.670 Acres

Acres 1.67

Lot Dimensions 1.67

Property Sub-Type Mixed Use

Source Georgia MLS 2

Property Description

3 houses + lot Addresses (17 11 & 14 )Grove park place nw atlanta ga 30318 17 has the additional lot attached BELTLINE DEVELOPMENT OPPORTUNITY | GROVE PARK - ATLANTA (30318) 1.67 ACRES | TOWNHOME PROJECT | HIGH UPSIDE PRIME LOCATION Closing handled by KATZ DURELL ATTORNEYS AT LAW 6065 Roswell Road, Suite 880 Atlanta, GA 30328 Strategically positioned in Grove Park with the Atlanta BeltLine directly behind the property-one of the most powerful drivers of appreciation and buyer demand in Atlanta. DEVELOPMENT SUMMARY * Site: 1.67 Acres (3 houses + 1 lot assembled) * Zoning: R4 (potential for higher density - buyer to verify) * Planned Product: 18-22 Modern Townhomes * Height Potential: Up to 3 stories * Layout: Ideal for efficient, repeatable construction FINANCIAL SNAPSHOT * Purchase Price: $1,400,000 * Projected Sellout (ARV): ~$13,000,000 * Estimated Total Cost: ~$7.5m * Projected Profit: ~$4m+ INVESTMENT HIGHLIGHTS BeltLine adjacency = premium resale pricing Rapidly appreciating West Atlanta submarket Strong demand for modern townhome product Scalable build plan (maximize efficiency + margins) Opportunity to increase density via rezoning BUILDER / DEVELOPER EDGE * Optimized for cost-efficient construction * Repetitive unit design reduces build complexity * Ideal for builders targeting sub-$150/sq ft execution * High margin potential with disciplined cost control VALUE-ADD OPPORTUNITY * Rezoning / density increase potential * Product positioning for premium BeltLine buyers * Ability to phase construction for cash flow management IDEAL BUYER * Infill developers * Townhome builders * Build-to-sell or build-to-rent investors * Groups seeking scalable urban projects

Location

State GA

County Fulton

Rooms

Bedroom Description No

Basement None

Interior

Interior Features Other

Heating Forced Air

Cooling None

Flooring Other

Fireplace No

Appliance Other

Laundry None

Exterior

Exterior Feature Other

Parking Features None

Community Features None

Utilities Available Cable Available

View Y/N No

Roof Type Composition

Garage No

Private Pool No

Building

Lot Description Other

Faces From Donald Lee Hollowell Pkwy NW, turn onto Gary Rd NW, then right onto Grove Park Pl NW. The destination will be on your left.

Foundation Block

Sewer Public Sewer

Water Public

Architectural Style Brick 4 Side

Structure Type Aluminum Siding

New Construction No

Schools

Elementary Schools West Manor

Middle Schools Centennial Place

High Schools South Atlanta

Others

HOA Fee Include None

Tax ID 14 014500100161

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition Fixer

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Sandria Taylor-Joseph

Agent | License ID: 416988

+1(678) 887-1313

17 Grove Park PL NW Atlanta, GA 30318

Sandria Taylor-Joseph

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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17 Grove Park PL NW