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  • $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

    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.

    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#: 7535003MLS Logo

    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