Land

1070 Washington Street SW

Atlanta, GA 30315

Location

1070 Washington Street SW, Atlanta GA 30315

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Loads on click

List Price$197,000
Acres0.15
$/Acre$1,313,333
ZoningR5
DOM14
Data last updated: October 5, 2026 at 4:01 PM EST
ACTIVE
FMLS #7841601
Listing Provided By Keller Knapp · 770-314-5856
Description

Property Description

Amazing cleared vacant lot (s) with huge building Opportunity in Peoplestown 1 block from The Beltline & New Terminal South Development directly on the beltline with Restaurants & Shopping! A total of 2 R 5 Land lots next to each other (3rd lot just sold). Can build 2 Townhouses on each lot or a Single Family and a guest house and an ADU on each of the 2 lots. 197k for each lot and comparable sales for each townhouse is 600k so = 1.2 million sales on each lot. Permitted Plans for each lot will be in place with the sale of 1 or 2 lots. Email for plans and site plan and comparable sales addresses nearby. All buildings and trees have been removed from the lot so no issues to start going vertical with your builder. Minutes from the new Summerhill District and 15 minutes north of the airport. Easy deal and a steal with surveys, site plans, architect plans, structural plans and permit available for pick up when you close. The hard work is already done, now just build for the money.
Tax Advantage

Opportunity Zone Property

Tract 13121012000

This property is located inside a federally designated Qualified Opportunity Zone. Long-term investors may still access meaningful capital-gains benefits — primarily the potential exclusion of post-investment appreciation after a 10-year hold — when structured through a Qualified Opportunity Fund.

  • ExcludePotential permanent exclusion of post-investment appreciation if held 10+ years through a Qualified Opportunity Fund
  • TransitionCurrent zone designations remain in effect through 2028; new permanent OZ 2.0 rules begin January 2027
  • StructureBenefits require investment via a Qualified Opportunity Fund and satisfaction of holding-period and improvement tests

Opportunity Zone benefits depend on timing, fund structure, holding period, and substantial-improvement tests. The original deferral of pre-investment gains ends December 31, 2026. New rules (OZ 2.0) begin January 1, 2027. This is educational only — not tax, legal, or investment advice. Confirm current eligibility and structure with your CPA and counsel before acting.

Use

What this site can be used for

Current
Multi-Family

Uses come from the MLS listing. Confirm allowed uses with the city or county before you write an offer.

Site

Site readiness

Pulled from MLS utility fields and listing remarks. Green means the listing mentions it — not that it is installed or permitted.

  • WaterCheck

    Water noted, type unclear — verify

  • Sewer / septicUnknown

    Not stated — confirm perc or tap with the county

  • PowerNoted

    Electric or underground utilities mentioned

  • Road frontageCheck

    City Street

  • Survey / soilsUnknown

    No survey or soil language found in remarks

0.15 acres

Parcel notes

Other listing fields not covered above

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1070 Washington Street SW

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Disclaimer

Important Investment Information

Land metrics (acreage, price per acre, zoning) are taken from the MLS listing when available. All figures are for screening only — verify parcel data, surveys, and restrictions independently.

Any estimated or modeled figures represent the independent analysis of Jeff Crowe / Century 21 The Avenues and are not supplied by FMLS or the listing broker.

This website and its content are for informational and educational purposes only. Nothing on this site constitutes financial, investment, tax, or real estate advice. All information is deemed reliable but not guaranteed. You should always conduct your own thorough due diligence, verify all data independently, review the physical condition of the property, and consult with your own qualified attorney, accountant, and investment advisor before making any purchase decision.