For Sale

Listed by Monique Williams

Source: First Multiple Listing Service, Inc. #7868105

943 Rice St NW, Atlanta, GA, 30318

$1,600,000

0.46 ac.

SingleFam

•

What's around 943 Rice St NW

About this property

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.

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