1.5 AC Castleberry Hill Redevelopment
Opportunity Zone Redevelopment
Marketing description
Marcus & Millichap is pleased to exclusively present to the market for sale this 1.5 Acre Redevelopment Site in the Castleberry Hill Opportunity Zone of Downtown Atlanta. The Property includes 251 Walker Street and 492 Larkin Street (4,500 SF and 4,536 SF, respectively) situated on a desirable 1.5-acre lot. The offering represents an opportunity to demolish the existing structures, totaling less than 10,000 SF, and develop new mixed-use, multi-family product in this dynamic overlay development district.
Investment highlights
Opportunity Zone Prime Location: Designated Historic Site (Tax Credits)
1.5 Acre Redevelopment Site with 2 Existing Structures Totaling Less Than 10,000 SF Located in Downtown Atlanta’s Robust Castleberry Hill Real Estate Submarket
Half-Mile Radius from and Walkable to Mercedes-Benz Stadium, State Farm Arena & 2 MARTA Rail Stations
One-Mile Radius from and Walkable to Major Office, Multi-Family, Mixed-Use & Retail Properties
Destination of Choice for Millennial Workforce
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