Incredible opportunity to purchase a lot in up-and-coming Mechanicsville!! Minutes away from the Summerhill mixed-use development, GSU, Downtown Atlanta, the Mercedes Benz Stadium, and the State Farm Arena. Across the street from the Fulton County Juvenile Court and the Mechanicsville Library, on a quiet street off the main road (Fulton St SW), connecting to I-20 and I-85/75 for easy access. The lot is zoned SPI-18 SA1 (Mechanicsville Neighborhood Special Public Interest District), allowing for diverse commercial and residential uses, including multi-family. Variance for off-site parking obtained for a potential coffee shop (ground level) and two apartments (top level) project. Conceptual drawings available upon request.
Closed
Street View
$120,000
431 Formwalt St SW, Atlanta, GA 30312
--beds
0baths
--sqft
Multi Family, Unimproved Land
Built in ----
-- sqft lot
$120,100 Zestimate®
$--/sqft
$1,576 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 07, 2025 at 08:28am
Listing Provided by:
Fanny Lis Radtke,
Platinum Real Estate, LLC. admin@platinumrealestate.com
Bought with:
Corey Stampley, 373182
Atlanta Communities
Source: FMLS GA,MLS#: 7535003

Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Features
- Exterior features: No Dock
- Fencing: None
- Has view: Yes
- View description: City, Neighborhood
- Waterfront features: None
- Body of water: None
Lot
- Size: 2,613 sqft
- Features: Cleared, Level, Rectangular Lot
- Residential vegetation: Cleared, No Timber
Details
- Additional structures: None
- Parcel number: 14 007600040741
- Zoning: SPI18
- Zoning description: Multifamily
- Other equipment: None
- Horse amenities: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Unimproved Land
Utilities & green energy
- Utilities for property: Electricity Available, Phone Available, Sewer Available, Water Available, Other
Community & neighborhood
Security
- Security features: None
Community
- Community features: Near Beltline, Near Public Transport, Near Schools, Near Shopping
Location
- Region: Atlanta
- Subdivision: 0
Other
Other facts
- Listing terms: Cash,Conventional,VA Loan
- Road surface type: Paved
Services availability
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$120,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$120,100