FOR SALE or GROUND LEASE - 1391 Moreland Avenue.
Prime 2 plus acres fronting Moreland Avenue. This area is seeing positive growth.
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FOR SALE OR LONG-TERM GROUND LEASE!
***1391 MORELAND AVENUE ASSEMBLAGE - PRIME DEVELOPMENT OPPORTUNITY - READY-TO-DEVELOP*** Survey, site plan, Phase I and Phase II Environmental Studies, title work all completed spring/summer 2025. Nestled in Atlanta's vibrant Fulton County, the ***Moreland Assemblage*** presents an exceptional opportunity for Mixed-Use Development. Comprising 4 parcels — 1391, 1385, and 1383 Moreland Avenue — totaling 2.66+/- acres with 270 feet of road frontage, this property boasts an ideal locale for thriving ventures. The Mixed Residential Commercial zoning offers versatile possibilities, further amplified by existing utilities and recent due diligence. Enjoy the convenience of sewer, water, and electricity accessibility amidst a bustling neighborhood with a population of 18,800 and a handsome average household income of $ 93,200, all within a 1-mile radius. The site features two buildings dating back to circa 1975, a prime opportunity for a commercial project in a high-demand area of Atlanta.
Investment highlights
. Long-term Ground Lease opportunity.
. Zoning classification: Mixed Residential Commercial (MRC-1-C)
· 2.66+/- acres
· 270+/- feet of road frontage on Moreland Avenue.
· Utilities available: sewer, water, and electricity.
· Preliminary due diligence recently completed (i.e., survey, geotechnical, environmental, and title search).
· Existing improvements include: one 3,500+/- sq. ft. building and one 1,100+/- sq. ft. building, built circa 1975.
· 2023 neighborhood demographics (1-mile radius):
- Population = 18.8k
- Household Income = $93.2k.
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