A rare opportunity in the heart of Atlanta's distinguished Buckhead neighborhood, this 4.75-acre property comprises three parcels zoned MR1, MR2, and MR3, enabling a medium-density multifamily project of eight stories up to 80 feet tall. This flexible zoning also allows zero lot lines, the potential for 5% non-residential space, and additional density for open green space.
Currently, the assemblage features 91 units across the three complexes: Regency Buckhead Condominiums with 44 units, Bradley House Condominiums with 41 units, and Casa Bella Townhomes with six units. This diverse unit mix is perfect for renting as-is or conversion from condos to multifamily accommodations.
Strategically located on Roswell Road, the spacious property benefits from an average daily traffic count of 20,600 vehicles. With proximity to Piedmont Road via Habersham and meeting distance requirements for an additional signalized intersection on Roswell Road, the site boasts ideal accessibility.
Nestled in a dynamic neighborhood surrounded by diverse mixed-use projects, entertainment venues, parks, and extraordinary amenities, this Roswell Road location presents an alluring lifestyle for its residents. Buckhead's appeal is elevated by the expanding selection of retail and dining options at Lenox Square, Phipps Plaza, and the Buckhead Village District and convenient access to major traffic routes and Georgia State Route 400 within 1 mile. Furthermore, the site ensures remarkable walkability throughout Buckhead, complemented by new trails and the upcoming Hub 404 Park above Georgia State Route 400.
This unique assemblage presents a rare chance to redevelop prime acreage in Buckhead, profiting from the high demand for in-town living in one of Atlanta's most sought-after residential neighborhoods.