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Frank Farkas

frank.farkas2@gmail.com +1(678) 442-1509

$329,900

Est. payment - /mo

1,045 Sqft Lot

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Key Details

Property Type Vacant Land

Sub Type Other

Listing Status Active

Purchase Type For Sale

Subdivision Old Fourth Ward

MLS Listing ID 7782405

Construction Status Resale

HOA Y/N No

Annual Tax Amount $2,757

Tax Year 2025

Lot Size 1,045 Sqft

Acres 0.024

Property Sub-Type Other

Source First Multiple Listing Service

Property Description

Rare Intown Atlanta Development Opportunity in the Heart of Old Fourth Ward! Located at 479 Old Wheat Street NE, this Residential Lot offers a unique opportunity to build a Single-Family Home in one of Atlanta's most sought-after and rapidly evolving neighborhoods. Surrounded by a mix of Historic Charm, Modern Townhomes, Luxury Residences, and Commercial Development, this property sits just moments from the Atlanta BeltLine, Krog Street Market, Ponce City Market, Inman Park, Reynoldstown, Sweet Auburn, and Downtown Atlanta. Enjoy unparalleled access to some of the city's most popular Dining, Shopping, Entertainment, Parks, and Employment Centers, along with convenient connectivity to MARTA, I-75/I-85, and I-20. Positioned in an area experiencing continued growth and investment, this homesite offers the rare opportunity to create a custom residence in a premier Intown location while honoring the character and architectural fabric that make Old Fourth Ward so special. Adding to the appeal, the property includes Approved Plans designed to streamline the development process and help accelerate the path toward permitting and construction, offering a significant advantage for buyers ready to bring their vision to life. With Public Water and Sewer available and surrounded by ongoing redevelopment, this is a rare chance to secure a piece of real estate in one of Atlanta's most vibrant urban corridors. Whether you're looking to move forward with a planned project, build your dream home, or hold for future appreciation, opportunities in locations like this are becoming increasingly difficult to find. For investors, the property may also present attractive tax planning opportunities, including potential benefits associated with land improvements and current bonus depreciation provisions. Buyers should consult their tax advisor regarding eligibility and application based on their individual circumstances. This may be especially appealing for those seeking to redeploy capital gains into a tangible asset in one of Atlanta's fastest-growing Intown neighborhoods.

Location

State GA

County Fulton

Area Old Fourth Ward

Zoning SA-1

Lake Name None

Rooms

Bedroom Description None

Other Rooms None

Interior

Equipment None

Exterior

Fence None

Community Features Near Beltline, Near Public Transport, Near Schools, Near Shopping, Near Trails/Greenway, Restaurant, Sidewalks, Street Lights

Utilities Available Other

Waterfront Description None

View Y/N Yes

View Other

Present Use Vacant

Street Surface Paved

Porch None

Private Pool false

Building

Lot Description Level, Private, Rectangular Lot

Construction Status Resale

Schools

Elementary Schools John Hope-Charles Walter Hill

Middle Schools David T Howard

High Schools Midtown

Others

Senior Community no

Tax ID 14 004600121316

Special Circumstances None

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Listed by Bolst

Nearby School & Business

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Frank Farkas

+1(678) 442-1509

Managing Partner - Realtor License ID: 174175

479 Old Wheat ST NE Atlanta, GA 30312

Frank Farkas

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby School & Business

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