882 Berne SE st 0.95 Acres of Residential Land in Atlanta, GA 30316
INVESTMENT HIGHLIGHTS
- Unique opportunity to redevelop a property with approximately 400 feet of frontage on the Atlanta BeltLine.
- Property consists of 3 parcels totaling approximately 0.95 acres with an adjacent shared alley.
- Located in the thriving Ormewood Park/Grant Park submarket with median incomes of over $125,000 and walkable to amenities, including Kroger, Publix, a
- One of the last remaining vacant development sites fronting the Beltline in this submarket area.
EXECUTIVE SUMMARY
Adams Commercial Real Estate is pleased to present this prime development opportunity for approximately 1 acre of BeltLine fronting land in the thriving Ormewood Park/Grant Park community. Highest and best use redevelopment potential includes townhomes, restaurant/retail, and mixed-use in an area that is currently underserved with low inventory and low vacancy rates.
The site sits adjacent to the Beulah Heights University (BHU) campus. BHU is the property seller and one of the southeast's oldest bible colleges, founded in 1918. BHU is seeking proposals to purchase and redevelop this site adjacent to their campus for a mixed-use development. If the development plan is primarily residential, it should include at least some commercial space to serve as an amenity for the community as well as BHU staff and students. Price is subject to offer.
The site sits adjacent to the Beulah Heights University (BHU) campus. BHU is the property seller and one of the southeast's oldest bible colleges, founded in 1918. BHU is seeking proposals to purchase and redevelop this site adjacent to their campus for a mixed-use development. If the development plan is primarily residential, it should include at least some commercial space to serve as an amenity for the community as well as BHU staff and students. Price is subject to offer.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Lot Size | 0.95 AC |
The site is rolling with approximately 400 feet of frontage along the Atlanta BeltLine.
DESCRIPTION
Located at the border of thriving Grant Park and Ormewood Park neighborhoods with approximately 400 feet of total frontage on the BeltLine. Highly amenitized location with nearby access to fresh food, greenspace, restaurants, nightlife, and the BeltLine. Revitalized area with a strong trajectory of housing demand, income and spending growth. Quick and convenient access to anywhere in the Metro Atlanta area via Interstate-20 and the world via the airport only 15 minutes away.
