$490,000

Prime Residential Development Opportunity - 1.15 Acres | 5-7 Lot Potential | East Point, GA (R-1A) Discover a rare opportunity to acquire a fully assembled residential development site consisting of five contiguous parcels on Phillips Avenue in East Point, Georgia. Encompassing approximately 1.15 acres, this offering presents a flexible and well- positioned footprint for single-family residential development within the R-1A zoning district. Based on current zoning standards, the property is well-suited for the development of approximately 5 to 7 single-family lots (subject to survey, site planning, and municipal approvals), offering both a straightforward by-right development path and potential upsidethrough optimized site design. Situated in a well-established neighborhood experiencing ongoing revitalization and infill growth, the property benefits from strong underlying housing demand driven by its proximity to Downtown Atlanta and Hartsfield-Jackson International Airport. The site features varying topography, which may allow for creative site design and architectural opportunities depending on the final development plan. Key Highlights: - Five contiguous parcels totaling 1.15 acres - Zoned R-1A - ideal for single-family residential development - Potential for approximately 5-7 residential lots (subject to approvals) - Varying topography offering potential for creative site planning - Strong infill development opportunity in a growing residential corridor - Minutes to Downtown East Point, Hartsfield-Jackson Airport, and major highways - Close to MARTA transit, schools, parks, and retail amenities Parcel IDs Included: 14 016300120075 (0.13 ac) 14 016300120067 (0.14 ac) 14 016300120059 (0.16 ac) 14 016300120042 (0.16 ac) 14 016300120430 (0.56 ac) Survey and additional due diligence materials available upon request.