About this home

HOTT Location! This area is growing tremendously! Located on the corner of Fulton, Pryor & Formwalt, ~1.46 acres for your builder's desire! Ideal location to build luxury townhomes/condos in the heart of Atlanta. Close to interstate 75/85 and I-20. This property is sold with the following parcels: 14 007600071126, 14 007600071035, 14 007600070391 & 14 007600070409. Three parcels zoned C1 & one parcel zoned RG3. See conceptual layout of potential 33 townhome development.

Property details

Price: $3,500,000
Bedrooms: 0
Bathrooms: 0
Lot size: 1.48 acres
Type: Land
Days on market: 6
Est. property tax: $32,200/yr · $2,683/mo · 0.92% GA avg

Estimated monthly payment

Down payment20% ($700,000)

Interest rate6.75%

Principal & Interest$18,161

Property Tax$3,208

Insurance$150

Total$21,519/mo

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Location

This home is located in Atlanta, GA. Browse more Atlanta listings on the Atlanta market page or explore the full Atlanta market report.

About Atlanta: Atlanta is the capital and most populous city of the U.S. state of Georgia. It is the county seat of Fulton County and extends into neighboring DeKalb County. With a population of 498,715 at the 2020 census and an estimated 520,070 in 2024, Atlanta is the eighth-most populous city in the Southeast and the 36th-most populous city in the United States. Atlanta is classified as a Beta+ global city. The Atlanta metropolitan area has an estimated population of over 6.4 million and is the sixth-largest metropolitan area in the United States. Situated among the foothills of the Appalachian Mountains at an elevation of just over 1,000 feet (300 m) above sea level, Atlanta features a unique topography that includes rolling hills, lush greenery, and the densest urban tree coverage of any major city in the United States. (source: Wikipedia)

Climate: Average year-round temperature is 63°F with 206 dry days per year and 48.8 inches of annual rainfall.

Location

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Home Intelligence

Neighborhood (zip 30312)

This neighborhood is primarily renter-occupied (36% owner-occupied). Median age is 32.1; 34% hold a bachelor's degree; median household income is $70,540.

Median income: $70,540
Median age: 32.1
Owner-occupied: 35.9%
Bachelor's degree: 33.5%
Census median home value: $452,900

Source: US Census Bureau American Community Survey 5-year estimates.