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t r a n s l a t e

Intown Development Opportunity Steps From Freedom Park in Poncey-Highland | 0.23 Acres

678 Moreland Avenue
Atlanta, GA 30306
PRICE : $995,000
PRICE PER ACRE: $4,326,087
PROPERTY TYPE: Land
SITE SIZE: 0.23 Acres

Highlights

  • Residential development site in Poncey-Highland neighborhood
  • ±0.23 acre site zoned for a boutique multifamily, condo development, townhomes or office
  • The new structure is assumed to have ground level podium parking topped by 3 stories of 5,000 SF each
  • Potential for 18 units (3 floor plans)
  • Development could potentially have more units (micro) or be townhomes
  • Walking distance to Ponce City Market and the Atlanta Beltline accessed entirely by walking through Freedom Park
  • Steps from Little Five Points, and Virginia Highlands
  • Zoned RG-3 (Beltline Overlay)
  • 75’ height restriction
  • $142,935 Average household income within 1 mile

Description

This ±0.23-acre site is located in the flourishing neighborhood of Poncey Highland. Poncey Highland is one of the most sought-after neighborhoods in Atlanta due to its location between Virginia Highland and Old Fourth Ward. As a residential development site for either apartments, condos, or townhomes, residents will enjoy being just two blocks away from all of the popular restaurants, bars and shops on North Highland Avenue in Virginia Highlands. Residents are also just steps from Little Five Points and can take Freedom Park to access Inman Park, the Eastside BeltLine Trail, Ponce City Market, and Old Fourth Ward Park. With such easy access to all of these intown areas, residents can truly enjoy the best of intown living.

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