High Rise Development Site Downtown Atlanta | Hotel | Mixed-Use | Multifamily | Covered Land Play | 6% Cap Rate

For Sale

314 Luckie Street Northwest, Atlanta, GA 30313

This Atlanta property for sale is located at 314 Luckie Street Northwest. The current listed sale price for High Rise Development Site Downtown Atlanta | Hotel | Mixed-Use | Multifamily | Covered Land Play | 6% Cap Rate is $12,500,000. High Rise Development Site Downtown Atlanta | Hotel | Mixed-Use | Multifamily | Covered Land Play | 6% Cap Rate is situated on a lot that is 0.84 acre in size.

Contacts

broker
Tameka Clark, MBA

Bull Realty

Property Details

  • Property Type VacantLand
  • Lot Size 0.84 Acre
  • Additional Rent Contact for pricing
  • Date Updated Jan 3, 2025
Atlanta, GAOpportunity to acquire a prime downtown Atlanta development site across the street from the Georgia Aquarium within a few blocks of State Farm Arena, the Georgia World Congress Center, Mercedes Benz Stadium, the World of Coke and Centennial Olympic Park. The site is zoned SPI-1 SA5 calling for dense development for various uses including hotel, multifamily, retail or mixed-use. One possible plan can be seen on page 13 to build 200 apartment units on 18 floors with 10,500 SF of retail and 240 parking spaces. The site is currently used as a parking lot, producing an average NOI of $750,000 annually. This use can be continued to hold for future development.
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Highlights

  • Ingress/egress at 314 Luckie St, 350 Marietta St & 290 Simpson St
  • Three street frontages totaling 335 SF
  • Walk Score - Very Walkable (86)
  • Transit Score - Excellent Transit (75)
  • Zoning SPI-1 Subarea 5
  • Possibly develop up to 683,597 SF residential
  • Possibly develop up to 514,929 SF commercial

Getting around

  • 86/100

    Walk Score ®

  • 76/100

    Transit Score ®

  • 78/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Atlanta, GA
  • Neighborhood Downtown Atlanta
  • Zip Code 30313
  • Market Atlanta

Points of Interest

  • Centennial Olympic Park

    0.36 miles

  • Carnegie at Spring

    0.46 miles

  • GWCC/CNN Center

    0.47 miles

  • Luckie at Cone

    0.49 miles

  • Peachtree Center

    0.61 miles

  • Southwest Entrance

    0.62 miles

  • Vine City

    0.62 miles

  • Woodruff Park

    0.68 miles

  • Park Place

    0.73 miles

  • North Avenue

    0.82 miles

  • BP

    0.69 miles

  • 76 Gas Express

    0.79 miles

  • RaceTrac

    0.90 miles

  • Chevron

    1.10 miles

  • Texaco

    1.28 miles

  • Shell

    1.35 miles

  • Exxon

    1.39 miles

  • ChargePoint

    1.80 miles

  • Blink

    1.83 miles

  • eVgo

    1.87 miles

  • Georgia Aquarium Parking Deck

    0.10 miles

  • Interpark

    0.36 miles

  • Aloft Atlanta Downtown Parking

    0.37 miles

  • 86 W Peachtree Place NW Parking

    0.38 miles

  • 50 Ivan Allen Jr Blvd Parking

    0.40 miles

  • 60 West Peachtree Place NW Parking

    0.41 miles

  • SP+

    0.43 miles

  • 65 W Peachtree Pl NW Parking

    0.43 miles

  • AAA Parking

    0.45 miles

  • 323 Ted Turner Dr NW Parking

    0.46 miles

  • Hyatt Place Atlanta/Centennial Park

    0.05 miles

  • Hilton Garden Inn Park Pavilion

    0.08 miles

  • Hyatt House Atlanta/Downtown

    0.11 miles

  • SpringHill Suites Atlanta Downtown

    0.17 miles

  • Embassy Suites

    0.20 miles

  • Omni Atlanta Hotel at CNN Center

    0.28 miles

  • AC Hotel Atlanta Downtown

    0.38 miles

  • Signia by Hilton Atlanta Georgia World Congress Center

    0.39 miles

  • Aloft Atlanta Downtown

    0.40 miles

  • W Atlanta - Downtown

    0.44 miles

  • The Hub at Peachtree Center

    0.61 miles

  • Downtown Mini Mall

    0.75 miles

  • Publix

    1.03 miles

  • Walmart Supercenter

    1.11 miles

  • Auburn Discount Grocery

    1.21 miles

  • Whole Foods Market

    1.67 miles

  • Colony Square

    1.85 miles

  • TJ Maxx

    1.95 miles

  • Kroger

    2.00 miles

  • Trader Joe's

    2.02 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
Tameka Clark, MBA

Bull Realty