Foreclosure—Peachtree Road Commercial Site (1.5 acres) 5642 Peachtree Rd & 3622 Clemson Dr/ Atlanta/ Georgia/ 30341 Located inside I-285
in the heart of downtown Chamblee Only a few blocks
from MARTA
Near GM plant
redevelopment & new Wal*Mart
New, upscale loft
developments & retail nearby
Approximately 1.5 acre
corner site w/200’ ft of frontage on Peachtree Rd M zoning Lender financing available
Located in the newly revitalized downtown Chamblee and one mile inside I-285, this approx. 1.5- acre assemblage is situated at the corner of Peachtree Road and Clemson Drive. Also, it is located 2/10 of a mile from the former GM plant; it has been reported that Sembler & Co. has proposed to build a new football stadium for the Atlanta Falcons on the site; a mixed-use development has also been proposed for the site. These predominantly flat lots have approx. 200 ft of frontage on Peachtree Road in downtown Chamblee, just minutes from Buckhead. The flexible Dekalb County M zoning makes this ideal for outdoor retail use, office & storage, or even development of multifamily or warehouse office facility. This property is conveniently located near MARTA and the Chamblee antique market. Also included are two older homes, a garage & an out building.
New Price $475,000
Contact Information:
Casey Keitchen 404.876.1640 x 139 Email:
[email protected]
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This offering is subject to price adjustment or prior sale without notice. This information is provided by the owner and is deemed reliable, but is not warranted. Please do not disturb tenants or owners.
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Aerial Image
Former GM Plant Future Mixed-use Redevelopment Site
Excellent location inside I-285 in the City of Chamblee and only minutes from Brookhaven & Buckhead
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Survey
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Tax Plat
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Sold Comparables
Subject Property Location:
5642 Peachtree Road, Atlanta, GA 30341
Acreage:
1.50 acres
List price:
$475,000
Price per acre: $316,667
Sold Comparables Location:
2140 American Industrial Way, Chamblee, 30341
Sale Date:
01-17-06
Acreage:
1.7 acres
Sale Price:
$1,500,000
Price per acre: $882,352
Location:
3302-3310 Laventure Dr., Chamblee, 30341
Sale Date:
03-16-06
Acreage:
2 acres
Sale Price:
$1,400,000
Price per acre: $700,000
Location:
5940 Buford Hwy., Doraville, 30340
Sale Date:
10-27-06
Acreage:
1.51 acres
Sale Price:
$1,365,000
Price per acre: $903,973
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Atlanta Business Chronicle Article
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