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3 Locations

SD
GA 417352
Interrut
JB
Interrut
Listed by Interrut
$1,400,000
13 days on market
Updated 13 days ago

Infill Development Opportunity

Details
Property Type Land
Sub Type Residential, Commercial
Units 59
Tenancy Vacant
Acreage 3.880
Zoning C1 / R3
Investment Type Redevelopment
Sale Condition N/A

Land | 3.88 acres

Marketing description

3034, 3038, and 3044 Springdale Road present an assembled ±3.88 acre infill development opportunity in the City of Hapeville which is one of South Atlanta's most active and evolving submarkets. The offering consists of three contiguous parcels positioned for near-term residential redevelopment, with significant pre-development work already completed.

The site benefits from existing C1 zoning, completed civil engineering and site planning, and a clean Phase I Environmental Site Assessment that provides a developer with a de-risked, near shovel-ready opportunity in a supply-constrained location with strong housing demand fundamentals.

A third-party feasibility study confirms for-sale townhome viability within the 30354 ZIP Code, with market-supported pricing and favorable absorption modeling. The concept aligns directly with demand for attainable, higher-density housing in the South Atlanta corridor.

Investment highlights

  • ±3.88 ACRE ASSEMBLED SITE - Three contiguous parcels totaling ±3.88 acres (survey-backed). Fully assembled, no site consolidation risk. Ready for immediate acquisition.
  • 59-UNIT TOWNHOME CONCEPT DESIGNED - Site layout and density fully defined. Proposed concept includes garage parking, internal drives, surface parking, and full pedestrian circulation along Springdale Rd and Cofield Dr.
  • PLUG-AND-PLAY PRE-DEVELOPMENT - Civil engineering plans completed. Planning commission submission initiated. Feasibility and absorption analysis in hand.
  • CLEAN ENVIRONMENTAL—PHASE I ESA - Phase I ESA completed June 2023 with no Recognized Environmental Conditions (RECs). Eliminates environmental risk, lender friction, and remediation delays.
  • STRONG MARKET FUNDAMENTALS - Third-party feasibility confirms for-sale viability in ZIP 30354. Strong demand for attainable "missing middle" housing. Favorable absorption modeling supports successful community build-out.
  • STRATEGIC SOUTH ATLANTA LOCATION - Immediate I-85 access. Minutes to Hartsfield-Jackson ATL. Adjacent to College Park and East Point. Airport-driven employment demand supports continued population growth and housing absorption.

Listing Contacts

SD
GA 417352
Interrut
JB
Interrut
Listed by Interrut

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Additional Information

Name
Shana Davis
License
417352
Brokerage
Interrut CRE
Brokerage Phone
404-652-3827
Title
Senior Advisor
Brokerage Address
504 Fair Street Southwest
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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