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943 Rice St NW

Atlanta GA 30318

0.46 ac.
Single-Family
Currently for sale - view listing

Overview

Exceptional residential development opportunity in Atlanta’s thriving Upper Westside! Located in the heart of historic Howell Station, 943 Rice Street presents a rare opportunity for a residential builder to develop six single-family homes, including three slab and three basement homes. The parcel has been fully cleared and graded to accommodate the proposed six-home development. Sidewalk requirements have been completed and approved by the City of Atlanta, and the Land Development Permit (LDP) is currently in progress. The proposed development has the full support of the Howell Station Neighborhood Association (HSNA). With new construction homes in the neighborhood selling between $700,000 and $800,000, this property presents a compelling opportunity for builders and developers to capitalize on the continued growth and demand for new construction in Atlanta’s Upper Westside, with a potential gross sellout of $4.2 million to $4.8 million. Ideally situated near Knight Park, Westside Park, the Atlanta BeltLine, Georgia Tech, The Grove, and The Works, the property offers convenient access to some of Atlanta’s most desirable recreational, dining, shopping, and entertainment destinations.

Features

0.46 ac. lot size
Single-Family

Happy sellers in Atlanta

80%
80% of sellers in Atlanta reported that their sale price either exceeded or met their price expectations.

Atlanta stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Atlanta over the last 12 months.

Local market activity for single-family properties in Atlanta

In the last 12 months, 11 single-family properties similar to 943 Rice St NW, have been sold.

This represents a 66% decrease in single-family properties sales when compared to the previous 12 months.

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