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.
Active
$135,000
431 Formwalt St SW, Atlanta, GA 30312
--beds
0baths
--sqft
Est.:
Multi Family, Unimproved Land
Built in ----
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 80 days
- on Zillow |
- 714 |
- 17 |
Zillow last checked: 7 hours ago
Listing updated: March 15, 2025 at 02:37am
Listing Provided by:
Fanny Lis Radtke,
Platinum Real Estate, LLC. admin@platinumrealestate.com
Source: FMLS GA,MLS#: 7535003

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Video & virtual tour
Property
Features
- Exterior features: No Dock
- Fencing: None
- Has view: Yes
- View description: City, Neighborhood
- Waterfront features: None
- Body of water: None
Lot
- Size: 2,613.6 Square Feet
- Features: Cleared, Level, Rectangular Lot
- Residential vegetation: Cleared, No Timber
Details
- Additional structures: None
- Parcel number: 14 007600040741
- Zoning: SPI18
- Zoning description: Multifamily
- Special conditions: Standard
- 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 & HOA
Community
- Features: Near Beltline, Near Public Transport, Near Schools, Near Shopping
- Security: None
- Subdivision: 0
HOA
- Has HOA: No
Location
- Region: Atlanta
Financial & listing details
- Tax assessed value: $54,400
- Annual tax amount: $896
- Date on market: 3/5/2025
- Listing terms: Cash,Conventional,VA Loan
- Electric utility on property: Yes
- Road surface type: Paved
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