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Active
1840 Wells DR SW Atlanta, GA 30311
0.84 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 10494526
HOA Y/N No
Annual Tax Amount $1,084
Tax Year 2024
Lot Size 0.840 Acres
Acres 0.84
Lot Dimensions 36590.4
Property Sub-Type Unimproved Land
Source Georgia MLS 2
Property Description
Welcome Home ATL to 1840 Wells Dr SW-your next sizable, build-ready opportunity in the fast-rising Cascade/Adams Park corridor. This 0.8-acre, R-3 zoned lot offers 90 feet of frontage and gentle grades for an easy slab or basement build, plus room for a 2-car garage and outdoor living space. New construction ranging from 2,600-3,100 sq ft is commanding $640K-$770K, translating to a promising 20-25% margin on a 4-5 bed plan-or a 6% cap rate at approximately $2,800/month if held as a rental. All utilities are available at the street, and proximity to the BeltLine, airport, and Tyler Perry Studios keeps buyer demand strong.
Location
State GA
County Fulton
Rooms
Other Rooms None
Interior
Fireplace No
Exterior
Community Features Park, Sidewalks
Utilities Available None
View Y/N No
Private Pool No
Building
Lot Description Level
Faces Use GPS
Sewer None
Water None
New Construction No
Schools
Elementary Schools Out Of Area
Middle Schools Other
High Schools Out Of Area
Others
Tax ID 14 0199 LL1357
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