Investors! This area is ripe for investment! This ~0.4 acre site offers a chance to be part of the exciting developments in the West End/Westview/Beecher Donnelly area. Mercedes-Benz Stadium is a short drive away. The $450M Mall West End redevelopment is only 1.5 miles from this site. The BELTLINE is even closer (half a mile away) along with favorites like Monday Night Brewing, Slutty Vegan and John A. White Golf Course, not to mention Kroger and other essentials. The City of Atlanta has announced extensive streetscape improvements along Cascade Road. Right across the street is the renowned Parc Garden restaurant. Businesses are investing and homes are being built and renovated at and near this neighborhood commercial intersection. The nearby Oasis Apartments have been recently renovated and a historic apartment building at the corner of Allegheny and Cascade Place is also being fully renovated. Homes in the surrounding area are being renovated/infilled and sell in the high $400’s to $500 or more. Just across the intersection, at 830 Westmont, a new, modern home is almost complete and will reportedly be listed for over $1M! ///////////////////ZONING: This site offers Cascade Avenue frontage with a generous total acreage of ~ 0.4 acres thanks to the extra parcel (0 Beecher) which is included in the sale. 783 Cascade is zoned NC-14 which is a very accommodating category. 0 Beecher is zoned R-4 and may need to be rezoned depending on your plans. 779 Cascade is also for sale and would bring your total land to ~0.66 acres. The property is in the Beltline overlay. /////////////////////////RESIDENTIAL DEVELOPMENT OPTIONS for the property include: 1- For HIGHEST AND BEST USE, tear down the existing house and build affordable, student or upscale multi-unit housing on the site using 0 Beecher for additional units, parking or open space. (See concept plan in photos.) 2– Rehab the existing home to a 4–5-bedroom property and add garage or workshop in the rear. ARV's in the area are $550,000 - $600,000. 3- Create access for 0 Beecher (via a shared driveway easement) and have two lots. 4- Buy and hold for appreciation.
Type | School name | District name |
---|---|---|
High | Booker T. Washington | Not available |
Elementary | Tuskegee Airman Global Academy | Not available |
Middle | Herman J. Russell West End Academy | Not available |
Juniorhigh | Herman J. Russell West End Academy | Not available |
Year | Tax amount | |
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2023 | USD $1946 | THB ฿65,950* |
*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither thinkofliving.com nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. thinkofliving.com recommends that you independently verify any information before relying on it.
Email enquiry to Ostenson Real Estate Group, LLC.
Property ID: 110095396784