JeffCroweCRE
Land

1921 Newman Place NW

Atlanta, GA 30318

Location

1921 Newman Place NW, Atlanta GA 30318

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List Price$60,000
Acres0.34
$/Acre$176,471
ZoningR4A
DOM21
Data last updated: October 5, 2026 at 4:01 PM EST
ACTIVE
FMLS #7838149
Listing Provided By Keller Williams Realty Intown ATL · 404-541-3500
Description

Property Description

Development opportunity in Atlanta's Grove Park community. Approximately 0.34 acre vacant residential lot zoned R4A, offering an opportunity for a builder, developer, or investor seeking a new construction site in Northwest Atlanta. At approximately 14,800 square feet, the parcel provides ample lot area for a thoughtfully designed detached home, subject to applicable zoning requirements, setbacks, lot coverage, site conditions, infrastructure, and City approvals. New construction activity in the surrounding Grove Park market provides a compelling development story. Recent new construction sales within approximately 1.5 miles indicate homes in the 1,900 to 2,650 square foot range selling around $202 per square foot, with a notable 2,200 square foot, four bedroom home closing at $496,000. Recent sales suggest particularly strong market potential for two story, three to four bedroom new construction in the approximately 2,200 to 2,400 square foot range. Location: Convenient to Shirley Clarke Franklin Park - formerly Westside Park, the Atlanta BeltLine Westside Trail network, Bankhead MARTA Station, Proctor Creek Greenway, and the Donald Lee Hollowell Parkway corridor, with continued public and private investment throughout Atlanta's Westside. Buyer should independently verify zoning, setbacks, utilities, infrastructure, site conditions, development feasibility, and all information material to Buyer's intended use. Seller will not accept blind offers. SIGN IN FRONT
Tax Advantage

Opportunity Zone Property

Tract 13121008500

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.

View all Opportunity Zone properties →IRS Opportunity Zones overview ↗
Use

What this site can be used for

Current
Vacant

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.

  • WaterUnknown

    Not stated in MLS fields or remarks

  • 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

0.34 acres

Parcel notes

Other listing fields not covered above

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1921 Newman Place NW

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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.