Washington Road & Chestnut Drive, East Point, GA

Land for Sale ‐ $1,484,000 ‐ 6.08 acres

Bull Realty, Inc.

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Agent Info

NameMichael Bull, CCIM
CompanyBull Realty, Inc.

Property Info

CIMLS #930114
LocationWashington Road & Chestnut Drive
East Point GA 30344
Last UpdatedJuly 11th, 2017
TypeLand
Price$1,484,000
Lot Size6.08 acres

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Property Description

The Washington Road property is a 106 lot townhome project located in the City of East Point. The property was developed under the City's C-2 Central Business District Ordinance that allowed for multifamily dwellings no higher than 3 stories with no more than 8 units per building. C-2 has since been altered however, the multifamily use of this property is "grandfathered". The property was granted a Land Disturbance Permit in 2006 and development was completed in 2007.

106 lots are currently available. There is no vertical development on the property. These lots are fully developed with the exception of electrical service, gas and the surface asphalt wearing course. All utilities are located underground. All lots have been graded for slab construction. Building permits are available by the City of East Point.

The property is located 1,000 feet east of the Washington Road/ I-285 interchange. To the north, Camp Creek Parkway provides quick access to the job centers of the Hartsfield - Jackson Atlanta International Airport. MARTA bus service is located on Washington Road with a stop at the entry.

Location Description:

Just beyond the boundaries of Atlanta, the town of East Point has many of the amenities and challenges of an urban area, yet the charm of its Main Street still lends it the air of a small town. Hartsfield-Jackson Atlanta International Airport lies partly within the jurisdiction, giving residents quick and easy access to the busiest airport in the world.

Also living in this community of 40,000 are some 3,000 adults over the age of 65. The senior population is about 55 percent Caucasian and 43 percent African-American, and most people (78 percent) own their homes in generally stable neighborhoods. With 42 percent of older residents having lived in the same place for more than three decades, local ties are strong and there is a tradition of community involvement.

Highlights:

>> 106 developed townhome lots

>> Located close to Hartsfield-Jackson Atlanta International Airport

>> Zoned C-2

>> Typical lot size is 20’x125’

>> MARTA bus stop located on Washington Road in front of property

>> Located close to shopping at The Camp Creek Marketplace


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