Price Reduced Listing479 Old Wheat Street NE,Atlanta, GA 30312
Atlanta, GA 30312
Description
Rare Intown Atlanta Development Opportunity in the Heart of Old Fourth Ward! Located at 479 Old Wheat Street NE, this Residential Lot offers a unique opportunity to build a Single-Family Home in one of Atlanta's most sought-after and rapidly evolving neighborhoods. Surrounded by a mix of Historic Charm, Modern Townhomes, Luxury Residences, and Commercial Development, this property sits just moments from the Atlanta BeltLine, Krog Street Market, Ponce City Market, Inman Park, Reynoldstown, Sweet Auburn, and Downtown Atlanta. Enjoy unparalleled access to some of the city's most popular Dining, Shopping, Entertainment, Parks, and Employment Centers, along with convenient connectivity to MARTA, I-75/I-85, and I-20. Positioned in an area experiencing continued growth and investment, this homesite offers the rare opportunity to create a custom residence in a premier Intown location while honoring the character and architectural fabric that make Old Fourth Ward so special. Adding to the appeal, the property includes Approved Plans designed to streamline the development process and help accelerate the path toward permitting and construction, offering a significant advantage for buyers ready to bring their vision to life. With Public Water and Sewer available and surrounded by ongoing redevelopment, this is a rare chance to secure a piece of real estate in one of Atlanta's most vibrant urban corridors. Whether you're looking to move forward with a planned project, build your dream home, or hold for future appreciation, opportunities in locations like this are becoming increasingly difficult to find. For investors, the property may also present attractive tax planning opportunities, including potential benefits associated with land improvements and current bonus depreciation provisions. Buyers should consult their tax advisor regarding eligibility and application based on their individual circumstances. This may be especially appealing for those seeking to redeploy capital gains into a tangible asset in one of Atlanta's fastest-growing Intown neighborhoods.
Details
| MLS # | 7782405 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 85 |
| Listing Provided By | Bolst, Inc. | The Justin Landis Group |
Features
| Zoning | SA-1 |
|---|---|
| Acreage | 0.02 |
| Water Front | Yes |
| Property View | Other |
Exterior
| Lot Features | Level, Private, Rectangular Lot |
|---|---|
| Fencing | None |
| Waterfront Features | None |
| Patio And Porch Features | None |
| Security Features | None |
Utilities
| Utilities | Other |
|---|
Taxes
| Tax Annual Amount | 2757 |
|---|---|
| Tax Legal Description | N/A |
| Tax Lot | 0 |
| Tax Parcel Letter | 14-0046-0012-131-6 |
| Tax Year | 2025 |
Location
| Community Features | Near Beltline, Near Public Transport, Near Schools, Near Shopping, Near Trails/Greenway, Restaurant, Sidewalks, Street Lights |
|---|
Area Information
| State | GA |
|---|---|
| County | Fulton GA |
| City | Atlanta |
| Zip Code | 30312 |
| Area | Fulton GA |
| Community Name | Old Fourth Ward |
| School District | Midtown |
| Elementary School | John Hope-Charles Walter Hill |
| High School | Midtown |
| Listing VS Median (in Old Fourth Ward) | |
Price: $349,900 low | high Med: $374,950 On site: 85 low | high Med: 63.5 | |
Market Activity 30312
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Learn More About This Property
| State | GA |
|---|---|
| County | Fulton GA |
| City | Atlanta |
| Zip Code | 30312 |
| Area | Fulton GA |
| Community Name | Old Fourth Ward |
| School District | Midtown |
| Elementary School | John Hope-Charles Walter Hill |
| High School | Midtown |
| Listing VS Median (in Old Fourth Ward) | |
Price: $349,900 low | high Med: $374,950 On site: 85 low | high Med: 63.5 | |
