17 Grove Park Place Northwest, Atlanta, GA, 30318
Property Details
2
1
Single Family Residence
Description
Property Details: • Type: Single Family Residence • Bedrooms: 2 • Bathrooms: 1 • Square Footage: 1,415 sq ft
Description: 3 homes + 1 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 propertyone 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: build 18-22Modern 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
IDEAL BUYER Infill developers Townhome builders Build-to-sell or build-to-rent investors Groups seeking scalable urban projects
Features: -margin-top:216px;}}
Location
Address
17 Grove Park Place Northwest, Atlanta, GA, 30318
City
Atlanta
Features and Finishes
-margin-top:216px;}}
Legal Notice
Our comprehensive database is populated by our meticulous research and analysis of public data. MirrorRealEstate strives for accuracy and we make every effort to verify the information. However, MirrorRealEstate is not liable for the use or misuse of the site's information. The information displayed on MirrorRealEstate.com is for reference only.
