1921 Newman Pl NW, Atlanta, GA 30318

Description

Development opportunity in Atlanta's Grove Park community. Approximately 0.34 acre vacant residential lot zoned R4A, offering an opportunity for a builder, developer, or investor seeking a new construction site in Northwest Atlanta. At approximately 14,800 square feet, the parcel provides ample lot area for a thoughtfully designed detached home, subject to applicable zoning requirements, setbacks, lot coverage, site conditions, infrastructure, and City approvals. New construction activity in the surrounding Grove Park market provides a compelling development story. Recent new construction sales within approximately 1.5 miles indicate homes in the 1,900 to 2,650 square foot range selling around $202 per square foot, with a notable 2,200 square foot, four bedroom home closing at $496,000. Recent sales suggest particularly strong market potential for two story, three to four bedroom new construction in the approximately 2,200 to 2,400 square foot range. Location: Convenient to Shirley Clarke Franklin Park - formerly Westside Park, the Atlanta BeltLine Westside Trail network, Bankhead MARTA Station, Proctor Creek Greenway, and the Donald Lee Hollowell Parkway corridor, with continued public and private investment throughout Atlanta's Westside. Buyer should independently verify zoning, setbacks, utilities, infrastructure, site conditions, development feasibility, and all information material to Buyer's intended use. Seller will not accept blind offers. SIGN IN FRONT