#7420787, Clayton Cox, Listing Office: Sanders RE, LLC
Property details
About 1058 Moreland Ave SE
Seize a Rare and High-Visibility Development Opportunity. This 9.79-acre site is located at the Bustling Intersection of Moreland Ave and Skyhaven Rd, offering 700 feet of frontage and positioning it perfectly for a mixed-use project in one of Atlanta’s fastest-growing corridors. Adjacent to a 14-acre greenspace, the property presents a prime location for both residential and commercial development. The proposed project includes 17,000 of Commercial and Retail Space on the ground floor, perfect for restaurants, boutiques, offices, and daily essentials; 110 modern residential apartments atop the commercial spaces; and 47 for-sale townhomes catering to buyers seeking a vibrant, walkable community. Additionally, there is potential for expansion with room to add 25 more apartments. Site plans, schematic designs, and floorplans are provided, significantly reducing costs and time to construction. The property benefits from high traffic visibility, with over 35,000 vehicles passing daily, and is located adjacent to a 14-mile Greenspace trail, enhancing its appeal and absorption rates. The area is rapidly appreciating, with strong demand for mixed-use developments. Positioned along the key corridor connecting East Atlanta, Ormewood Park, Grant Park, and South Atlanta, this site is ideal for both residential and commercial growth. Nearby Developments, including East Atlanta Village, Grant Park, and the BeltLine, have experienced Exponential Property Value Increases, while Apartment complexes in the Area report over 95% Occupancy Rates and steadily rising rents. The site is also close to key employers and institutions like Hartsfield-Jackson Airport and Georgia State University. Comparable mixed-use projects in the area, such as The Indie and Glenwood Park, Demonstrate Strong leasing demand and High occupancy rates. This 9.79-acre site offers exceptional investment potential with multiple revenue streams from apartments, townhomes, commercial leasing, and retail space, all in a prime location with excellent accessibility. The development’s proximity to major highways, employment hubs, and growing residential and retail markets ensures continued demand and growth.
Highlights
Summary
- MLS Number: 7541551
- MLS Name: First Multiple Listing Service
- Office Name: Equitable Realty, LLC
- Office Phone: (800) 657-2790
- Listing Agent: Nicole Jennings
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Last updated on: 3/17/2025, 3:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$13,899,999
1058 Moreland Ave SE
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Price information
Property sales
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Nearby schools
4
Frederick Wilson Benteen Elementary School
Public District EE-5
1.1 mi
•200 Cassanova St SE
6
Parkside Elementary School
Public District PK-5
1.1 mi
•685 Mercer St SE
7
Burgess - Peterson Academy
Public District KG-5
1.5 mi
•480 Clifton St SE
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $51,163. Most Atlanta, GA residents have annual incomes less than $<35k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
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Frequently asked questions
About 1058 Moreland Ave SE
This home is located at 1058 Moreland Ave SE in Atlanta, GA and zip code 30316 in the Eastside neighborhood. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since March 15, 2025 and is currently priced at $13,899,999.
While more than 147 listings in Atlanta, GA in February 2025 were sold above asking price, there were more than 168 listings sold at asking price, and more than 455 were sold below. The number of homes for sale in Atlanta, GA increased by 20% between January and February 2025. While the average time on the market in February 2025 was 56 days, the median list price was $421,346.