Map of Property

1073 Neal Pl and 324 Archer Way NW

For Sale

1073 Neal Pl and 324 Archer Way NW, Atlanta, GA 30314

This Atlanta property for sale is located at 1073 Neal Pl and 324 Archer Way NW. The current listed sale price for 1073 Neal Pl and 324 Archer Way NW is $16,200,000. 1073 Neal Pl and 324 Archer Way NW is situated on a lot that is 8.69 acre in size.

Contacts

broker
Troy Reynolds

NAI G2 Commercial Real Estate

Property Details

  • Property Type Multi-Family
  • Property Size 62,196 SF
  • Units 180
  • Lot Size 8.69 Acre
  • Additional Rent Contact for pricing
  • Year Built 1957
  • Date Updated Dec 7, 2024
This property is located in close proximity to the Westside Trail Extension, which is currently under construction. The Westside Trail Extension will be a 1.3-mile, multi-use trail stretching between Washington Park and the PATH Foundation’s Westside BeltLine Connector (north of Hollowell Parkway). This extension will offer convenient access to key destinations such as: Bankhead MARTA station, Maddox Park, the future Westside Park, and the Proctor Creek Greenway.8.69 +- in total located at the prime addresses of 1073 Neal Place and 324 Archer Way in Atlanta, GA, this multifamily property sits directly on the Atlanta Beltline, offering a unique and highly desirable location for potential investors. Comprising a total of 180 units, this property presents an exceptional opportunity for redevelopment or renovation. 1073 Neal Place currently has all units down, awaiting a visionary to breathe new life into them, while 324 Archer Way has approximately half of its units still operational, providing a solid starting point for a comprehensive renovation or redevelopment project. We present a compelling investment opportunity with two adjoining properties along the Atlanta Beltline. These sites offer significant potential for both rehabilitation and new development: 1. Rehabilitation Potential: Investors can transform the existing structures into modern, high-quality living spaces. The growing demand for premium housing near the Beltline makes this a promising option for those looking to capitalize on the area's popularity. 2. Development Potential: The expansive site, with prime Beltline frontage, is ideal for a new Class A apartment complex or mixed-use development. The Beltline’s ongoing enhancements and vibrant culture ensure strong future appreciation, making it a strategic long-term investment.
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Highlights

  • -Prime location
  • -Future appreciation
  • -Development opportunities
  • -Market potential
  • -Renovation potential
  • -Market demand
  • -Increased value

Getting around

  • 61/100

    Walk Score ®

  • 54/100

    Transit Score ®

  • 57/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Atlanta, GA
  • Neighborhood Bankhead
  • Zip Code 30314
  • Market Atlanta

Points of Interest

  • Ashby

    0.61 miles

  • Bankhead

    0.67 miles

  • Vine City

    1.23 miles

  • West Lake

    1.44 miles

  • GWCC/CNN Center

    1.58 miles

  • Centennial Olympic Park

    1.84 miles

  • Garnett

    1.90 miles

  • Luckie at Cone

    1.95 miles

  • Carnegie at Spring

    1.97 miles

  • West End

    1.99 miles

  • Texaco

    0.71 miles

  • Shell

    0.75 miles

  • Mobil

    0.77 miles

  • Exxon

    0.80 miles

  • BP

    1.28 miles

  • 76 Gas Express

    1.42 miles

  • QuikTrip

    1.51 miles

  • Blink

    2.06 miles

  • Tesla Supercharger

    2.59 miles

  • eVgo

    2.63 miles

  • Ashby Park & Ride

    0.57 miles

  • Vine City Park & Ride

    1.25 miles

  • Morehouse Parking Deck

    1.34 miles

  • Rosie's Coffee Café Parking

    1.39 miles

  • Campus Recreation Parking Deck

    1.43 miles

  • 76 Gas Express Parking

    1.43 miles

  • Northside Plaza Leasing Office Parking

    1.44 miles

  • West Lake Park & Ride

    1.46 miles

  • Atlanta Humane Society Guest Parking

    1.49 miles

  • Mercedes-Benz Stadium Parking - Lot 17

    1.50 miles

  • Signia by Hilton Atlanta Georgia World Congress Center

    1.33 miles

  • Hyatt House Atlanta/Downtown

    1.53 miles

  • Clarion Inn & Suites Atlanta Downtown

    1.54 miles

  • REVERB by Hard Rock

    1.57 miles

  • Hyatt Place Atlanta/Centennial Park

    1.59 miles

  • Hilton Garden Inn Park Pavilion

    1.60 miles

  • SpringHill Suites Atlanta Downtown

    1.65 miles

  • Embassy Suites

    1.68 miles

  • Omni Atlanta Hotel at CNN Center

    1.68 miles

  • Hampton Inn Atlanta-Georgia Tech Downtown

    1.68 miles

  • Walmart Supercenter

    0.78 miles

  • Westview Corner Grocery

    1.63 miles

  • Kroger

    1.87 miles

  • Big Bear Supermarket

    1.90 miles

  • Downtown Mini Mall

    1.98 miles

  • The Hub at Peachtree Center

    2.15 miles

  • Publix

    2.32 miles

  • Target

    2.47 miles

  • Whole Foods Market

    2.56 miles

  • Auburn Discount Grocery

    2.71 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Troy Reynolds

NAI G2 Commercial Real Estate