Overview
- Unimproved Land
Description
Welcome Home ATL to 1840 Wells Dr SW-your next sizable, build-ready opportunity in the fast-rising Cascade/Adams Park corridor. This 0.8-acre, R-3 zoned lot offers 90 feet of frontage and gentle grades for an easy slab or basement build, plus room for a 2-car garage and outdoor living space. New construction ranging from 2,600-3,100 sq ft is commanding $640K-$770K, translating to a promising 20-25% margin on a 4-5 bed plan-or a 6% cap rate at approximately $2,800/month if held as a rental. All utilities are available at the street, and proximity to the BeltLine, airport, and Tyler Perry Studios keeps buyer demand strong.
Address
Open on Google Maps- Address Wells
- City Atlanta
- State/county Fulton
- Zip/Postal Code 30311
- Area None
Details
Updated on April 19, 2025 at 7:22 am- Property ID: 10494526
- Price: $55,000
- Land Area: 0.84 Square Feet
- Property Type: Unimproved Land
- Property Status: Land
Additional details
- OnMarketDate: 2025-04-05
- MajorChangeTimestamp: 2025-04-19T05:06:07.000Z
- PhotosCount: 1
- StatusChangeTimestamp: 2025-04-19T05:06:07.000Z
- ListingContractDate: 2025-04-05
- GAMLS2_ListWithoutPhotosYn: No
- TaxAnnualAmount: 1084
- CurrentUse: Other,Unimproved
- OriginatingSystemKey: gamls2
- PhotosChangeTimestamp: 2025-04-05T17:55:56.993Z
- RoadFrontageType: City Street
- OriginatingSystemName: Georgia MLS 2
- MlsStatus: Active
- StreetNumber: 1840
- ListingKey: 987f7ee58a60cd639650712ee3f80d26
- StateOrProvince: GA
- AboveGradeFinishedAreaUnits: Square Feet
- MiddleOrJuniorSchool: Other
- ElementarySchool: Out of Area
- StreetDirSuffix: SW
- Directions: Use GPS
- BridgeModificationTimestamp: 2025-04-19T05:18:36.611Z
- ParcelNumber: 14 0199 LL1357
- ShowingRequirements: 24 Hour Access,Use Showing Time,Vacant
- GAMLS2_Longitude: -84.468318
- HighSchool: Out of Area
- LockBoxType: None
- LotSizeSource: Other
- StreetSuffix: Drive
- ListAgentMlsId: MINCEYADAM
- GAMLS2_TotalNumberOfSlips: 0
- WaterSource: None
- ModificationTimestamp: 2025-04-19T05:06:07.000Z
- OccupantType: Vacant
- OtherStructures: None
- ListOfficeMlsId: KWIT01
- BelowGradeFinishedAreaUnits: Square Feet
- ShowingContactPhone: 770-714-5693
- CumulativeDaysOnMarket: 14
- GAMLS2_UnparsedAddress: 1840 Wells DR SW
- LotSizeArea: 36590.4
- Sewer: None
- StreetName: Wells
- NumberOfLots: 0
- ListingAgreement: Exclusive Right To Sell
- Utilities: None
- CommunityFeatures: Park,Sidewalks
- OriginalListPrice: 55000
- BuildingAreaUnits: Square Feet
- InternetEntireListingDisplayYN: 1
- TaxYear: 2024
- ShowingContactName: Adam Mincey
- LotFeatures: Level
- GAMLS2_Latitude: 33.705849
- AssociationFee: 0
- LotSizeSquareFeet: 36590.4
- GAMLS2_Search_Price: 55000