GA
Fulton
Atlanta
30318
17 Grove Park NW Place
17 Grove Park NW Place, Atlanta, GA 30318
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Listing Type
other
Listing Status
Active
7
$1,400,000

Home Details for 17 Grove Park NW Place

Price
$1,400,000
Type
Residential
Bedrooms
3
Full Bathrooms
2
Half Bathrooms
3
Square feet
12000
Year built
1951
Lot size acres
1.67
County
Fulton
Basement
None
MLS Listing#
10722343
Property Description

3 houses + lot BELTLINE DEVELOPMENT OPPORTUNITY | GROVE PARK - ATLANTA (30318) 1.67 ACRES | TOWNHOME PROJECT | HIGH UPSIDE PRIME LOCATION Strategically positioned in Grove Park with the Atlanta BeltLine directly behind the property-one of the most powerful drivers of appreciation and buyer demand in Atlanta. DEVELOPMENT SUMMARY * Site: 1.67 Acres (3 houses + 1 lot assembled) * Zoning: R4 (potential for higher density - buyer to verify) * Planned Product: 18-22 Modern Townhomes * Height Potential: Up to 3 stories * Layout: Ideal for efficient, repeatable construction FINANCIAL SNAPSHOT * Purchase Price: $1,400,000 * Projected Sellout (ARV): ~$13,000,000 * Estimated Total Cost: ~$7.5m * Projected Profit: ~$4m+ INVESTMENT HIGHLIGHTS BeltLine adjacency = premium resale pricing Rapidly appreciating West Atlanta submarket Strong demand for modern townhome product Scalable build plan (maximize efficiency + margins) Opportunity to increase density via rezoning. BUILDER / DEVELOPER EDGE * Optimized for cost-efficient construction * Repetitive unit design reduces build complexity * Ideal for builders targeting sub-$150/sq ft execution * High margin potential with disciplined cost control VALUE-ADD OPPORTUNITY * Rezoning / density increase potential * Product positioning for premium BeltLine buyers * Ability to phase construction for cash flow management * Infill developers * Townhome builders * Build-to-sell or build-to-rent investors * Groups seeking scalable urban projects

Property Features
  • Cooling Information
    • None
  • Heating Information
    • Forced Air
  • Water Features
    • Public
  • House Interior
    • Other
  • Utilities
    • Cable Available
  • Parking
    • None
  • Basement
    • None
School Information
School Information for 17 Grove Park NW Place, Atlanta, GA 30318
Elementary School
West Manor
Middle School
Centennial Place
High School
South Atlanta
Listing Courtesy: Trelora Realty, Inc. - 404-383-0700
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1755 The Exchange, Suite 204, Atlanta, GA 30339
Office
678 424 8300
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