JeffCroweCRE
Land

400 BROWNLEE Road SW

Atlanta, GA 30311

Location

400 BROWNLEE Road SW, Atlanta GA 30311

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List Price$50,000
Acres0.66
$/Acre$75,758
ZoningRG3
DOM28
Data last updated: October 5, 2026 at 8:00 PM EST
ACTIVE
FMLS #7834530
Listing Provided By LoKation Real Estate, LLC · 678-561-4763
Description

Property Description

**MULTIFAMILY DEVELOPMENT OPPORTUNITY IN ATLANTA!** Approximately **0.69 acres** of wooded vacant land located at **400 Brownlee Road, Atlanta, GA**, with multifamily zoning offering potential for residential development. Property is reported to be **outside of a designated flood zone**, adding to its development appeal. The lot is currently wooded and will require clearing; however, the existing timber may offer an opportunity for the new owner to explore potential timber value to help offset site-preparation costs. Preliminary estimates provided indicate land clearing may be **$10,000 or less**, general contractor/site coordination costs approximately **$2,500–$5,000**, and applicable City of Atlanta fees approximately **$1,000–$3,000**. A great opportunity for a builder, developer, or investor looking for multifamily-zoned land within the City of Atlanta. **Buyer should independently verify zoning, permitted density and uses, utilities, flood-zone status, timber value, site-development requirements, and all estimated costs and governmental fees with the appropriate professionals and City of Atlanta.**
Tax Advantage

Opportunity Zone Property

Tract 13121008102

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
Multi-FamilyVacant

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

0.66 acres · ~3 typical quarter-acre lots

Parcel notes

Other listing fields not covered above

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400 BROWNLEE Road 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.