Prime C1 Infill Development Lot | 2516 Lakewood Ave SW
Land | 0.459 acres
Marketing description
2516 Lakewood Ave SW is a 20,000-square-foot (0.459-acre) infill commercial land opportunity in Atlanta, Georgia. Offered at $279,900, the Property is zoned C1 and benefits from a practical rectangular configuration measuring approximately 100 feet of frontage by 200 feet of depth. The site presents an attractive highest-and-best-use redevelopment opportunity for a variety of potential concepts including apartments, student-oriented housing, townhomes, mixed residential/commercial concepts, neighborhood-scale commercial development, office/service uses, and certain supervised or care-oriented specialty residential uses, subject to zoning, licensing, and governmental approval.
The marketing package includes current site photography, a conceptual 3-story site plan with parking and circulation, conceptual building elevations, and townhome concept imagery to help illustrate redevelopment potential. These concepts are for illustration only and should not be relied upon as approved plans or guaranteed development outcomes.
Investment highlights
- Infill Atlanta location with approximately 100 feet of frontage on Lakewood Ave SW and a clean 100' x 200' rectangular lot configuration.
- C1 zoning supports a broad range of neighborhood commercial and redevelopment possibilities, with flexibility for multiple development approaches subject to final governmental review.
- Offered at $279,900, equating to approximately $609,804 per acre and approximately $14.00 per land square foot.
- Strong highest-and-best-use optionality for apartments, student-oriented housing, townhomes, mixed-use/commercial concepts, office/service uses, and certain regulated or supervised residential/care-oriented uses subject to approval.
- Conceptual redevelopment materials included: current site photo, live-photo building mock-up, conceptual site plan, front/side/rear elevations, and townhome concept imagery.
- Rectangular dimensions and C1 development envelope create an efficient footprint for structured circulation, front parking, side parking, and rear drive access concepts.
- Survey indicates the Property is not in a FEMA flood hazard area according to the referenced panel and date.
- Seller's preliminary review did not identify an elementary school within approximately 1,500 feet of the Property; however, buyers must independently verify all distance, separation, licensing, and use-specific requirements.
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