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Highly Accessible South Fulton Multifamily Tract

ACTIVE 16.22 +/- Acres OFFERING MEMORANDUM
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Why You'll Love It

This 16.22-acre tract in the City of South Fulton presents a rare opportunity for developers or investors to secure a strategically located site in one of Metro Atlanta’s fastest-growing corridors. Zoned TR (Townhouse Residential), the property is well-suited for medium-density residential communities such as townhomes or multifamily, offering convenient access to I-85 and I-285, Hartsfield-Jackson Atlanta International Airport, retail centers, and major employment hubs driving strong housing demand.

With approximately 285 feet of frontage along Jerome Road and approximately 341 feet along Three Lakes Drive with utilities nearby, the site’s size, zoning, and location provide multiple options for neighborhood design, including the integration of open space, recreational areas, or natural features to enhance community appeal. As TR-zoned land becomes increasingly limited in this high-growth area, this property offers builders, developers, and investors a compelling opportunity with excellent long-term potential.

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Parcel #/ID

13 0094 LL0449

Legal Information

That tract or parcel of land conveyed by deed to PARAGON DEVELOPMENT GROUP LLC Recorded at Book 33967 Page 369 (portion) per Records of Fulton County, Georgia. Property known as 0 JEROME RD and Tax Parcel ID: 13 -0094-LL0449 per records of the Fulton County Tax Commissioner and plat maps of the Fulton County Tax Assessors office.

TOGETHER WITH all right, title, and interest running with the above-described property; AND TOGETHER with all rights, members, privileges and easements appurtenant thereto.

Unit Size:

706,543 SF ($0.38/SF )

Property Highlights
  • Zoned TR (Townhouse Residential) in the City of South Fulton with convenient access to I-85 and I-285. 
  • Located 10 minutes from Hartsfield Jackson International Atlanta Airport and less than 20 minutes from Downtown Atlanta.
  • +/- 285 feet of frontage along Jerome Road and +/- 341 feet along Three Lakes Drive.
  • According to FEMA Flood Insurance Rate Map Panel 13121C0476F, the site is within Zones X and 0.2 PCT, which represent minimal to moderate flood risk and typically allow development with proper engineering and permitting; portions of the land could also serve as valuable open space, stormwater features, or recreational amenities to enhance a neighborhood plan.

Estimated Acres:

16.22-acre wooded lot

2024 Taxes:

$4,371

Zoning:

TR - Townhome Residential

Future Land Use:

TR

Commercial Market:

Atlanta

Commercial Submarket:

College Park

Listing ID#:

3251798


Location
0 Jerome Road Tract 1
Atlanta, GA 30349
Coordinates:

33.602576034515 , -84.480616866352

Driving from the city of Atlanta: Take I-75 S and Exit 238B to merge onto I-285 W toward ATL Airport. Take Exit 60 for Riverdale Road and turn left onto W Fayetteville Rd. Turn right onto Southhampton Rd; turn right onto Godby Rd; and turn left onto Old National Hwy and continue to Jerome Rd and make a right turn. Destination will be on left after Three Lakes Drive. 

All land qualifies for a 1031 exchange!
Contact
Atlanta Commercial Land Broker & Leasing Manager
5.0 stars
1 reviews
Cell: 470-665-3544
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