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Informations principales sur l'investissement

  • Rare 1.5-acre Midtown / SoNo development site between Downtown, Midtown, Emory Midtown Hospital, Georgia Tech, and Civic Center redevelopment area
  • LoopNet listing references approximately 285,000 SF of Phase I buildable area and approximately 689,000 SF of total development potential
  • Located near MARTA, Emory Midtown Hospital, Georgia Tech, Publix, the Civic Center redevelopment, and The Stitch
  • SPI-1 zoning with mixed-use, multifamily, residential, office, medical, and institutional development potential.
  • Income-producing medical building in place, allowing the buyer to control the land now while planning future development
  • suited for a well-capitalized developer, investor, or joint-venture buyer seeking strategic Atlanta land now and prepare for 2027 construction

Résumé analytique

555 Courtland St / 121 Linden Ave NE represents a rare opportunity to control a large Midtown Atlanta / SoNo redevelopment site with interim medical income and a defined future development window.
The property consists of approximately 1.5 acres located between Downtown and Midtown Atlanta, near Emory University Midtown Hospital, Georgia Tech, MARTA access, Publix, the Civic Center redevelopment area, and The Stitch.
The site is zoned SPI-1 and has been positioned for a substantial multifamily, mixed-use, medical, residential, or institutional redevelopment. The current LoopNet listing references approximately 285,000 SF of Phase I buildable area and approximately 689,000 SF of total development potential, exclusive of parking.
Unlike a vacant land purchase, this offering gives a buyer interim income from an existing medical building while design, engineering, financing, incentives, and predevelopment work can be advanced. The existing medical lease runs through June 2027, creating a practical planning runway before a future construction start.

Informations sur l’immeuble

Type de vente Investissement
Nb de lots 1
Type de bien Terrain
Sous-type de bien Terrain commercial
Usage proposé
Commercial
  • Bureau
  • À usage mixte
  • Logement
  • Lots d’appartement
  • Médical
Surface totale du lot 0,61 ha
Nb d’étages 1
Zonage SPI-1 - Special Public Interest

1 Lot disponible

Lot

Surface du lot 0,61 ha

Two tower development property. Currently has leased medical building on 50% of property. Lease ends 6/27. Secure now, plan and start construction in 2027.

Description

The property offers a unique combination of land scale, location, zoning, interim income, and future development flexibility. The current medical use should be viewed as a holding-income benefit rather than the long-term highest and best use. The existing lease allows a buyer to acquire the property now, receive income during the planning period, and be ready to move forward as the lease burns off. The ideal buyer is a well-capitalized multifamily, mixed-use, medical, student housing, senior housing, or institutional developer that understands long-term urban land control. The site should appeal to groups that are willing to secure irreplaceable land ahead of the next construction-financing cycle rather than wait until the market becomes more competitive.

Exceptionnellement praticable à pied
90/100
Moyennement adapté aux voitures
60/100
Bons transports en commun
70/100
Plutôt praticable en vélo
50/100

Taxes foncières

Taxes foncières

N° de parcelle
Multiple
  • 14-0050-0002-067-7
  • 14-0050-0002-066-9
  • 14-0050-0002-135-2
  • 14-0050-0002-090-9
  • 14-0050-0002-089-1
  • 14-0050-0002-088-3
Évaluation du terrain
1 025 878 €
Évaluation des aménagements
7 606 €
Évaluation totale
1 033 484 €
  • ID de l’annonce: 37220442

  • Date de mise sur le marché: 11/08/2025

  • Dernière mise à jour:

  • Adresse: 555 Courtland St, Atlanta, GA 30308

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