4 months on rocket

1575 Moreland Ave SE, Atlanta, GA, 30316

$5,500,000

2.25 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
Year Built1954
WaterfrontNone
ViewOther
MLS #7420787
Lot Size2.25 Acres
StatusActive

About 1575 Moreland Ave SE

Explore this exceptional 2.2-acre lot, featuring two buildings—a 2985 sq ft bar and a 2500 sq ft prefabricated building—offering limitless potential for development. Located just one mile from the Atlanta Belt-Line, this property enjoys unparalleled proximity to Atlanta's bustling neighborhoods. With two commercial lots totaling over 14,000 sq ft and easy access to major interstates—including I-20, I-285, and I-675, all within three miles—it presents an excellent opportunity for various commercial ventures, from restaurants and bars to retail outlets or offices. Boasting a rich history as a popular bar and restaurant since 1954, this property stands as one of the last available commercial lots in Atlanta. Nearby renovated apartments guarantee a steady flow of foot traffic, augmenting the visibility and accessibility of businesses in the area. Whether you're an experienced investor or a budding entrepreneur, don't miss the chance to become a part of Atlanta's vibrant landscape. Schedule a viewing today and uncover the boundless opportunities awaiting at this prime Atlanta property. Limitless Possibilities Awaits.

Property Details

Property Features

Property Information:

  • Year Built: 1954

Listing Office:

  • Office Name: Sanders RE, LLC
  • Office Phone: (678) 888-3438
  • Listing Agent: Clayton Cox

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: Other

Lot Features

Lot Information:

  • Lot: Private, Rectangular Lot
  • Lot Size: 2.25 Acres

Other

Directions Information:

  • Directions: Please use GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,500,000

Tax Information:

  • Annual Amount: $10,761
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Atlanta, GA.

Med. Sold Price

$421.4K

Med. Price/SqFt

$253

Avg. Days On Market

49

# of Sold Homes

1106

1575 Moreland Ave SE vs Atlanta

130 DAYS ON ROCKET

+81 Days

$5,500,000

+$5.0M More

KEY TAKEAWAY

This property is $5.0M more than the Median Sold Price in Atlanta, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: First Multiple Listing Service
  • MLS Number: #7420787

Listing Office:

  • Office Name: Sanders RE, LLC
  • Office Phone: (678) 888-3438
  • Listing Agent: Clayton Cox

IDX Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.

If you believe any FMLS listing contains material that infringes your copyrighted work please Click Here to review our DMCA and learn how to submit a takedown request. Information is deemed reliable but is not guaranteed. © 2024 First Multiple Listing Service, Inc.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 5:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 01, 2020Home Sold
$850,000

Tax History

YEARPROP. TAXASSESSMENT
2020$10,761$259,920
2019$10,679$259,920
2017$11,226$259,920

History based on county public records data.

Payment Calculator

$27.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$16.5K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-371041
4
/10
  • Frederick Wilson Benteen Elementary School

  • 200 Cassanova St SE

  • 0.91 miles

  • Public District Grades EE-5

school-card-donut-371042
3
/10
  • Dobbs Elementary School

  • 2025 Jonesboro Rd SE

  • 1.59 miles

  • Public District Grades PK-5

school-card-donut-371043
6
/10
  • Parkside Elementary School

  • 685 Mercer St SE

  • 1.83 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,931. The most common annual income of people living in Atlanta, GA is between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1575 Moreland Ave SE

What is the listing price of this property?

The listing price of 1575 Moreland Ave SE property is $5,500,000.

What type of property is this?

The property 1575 Moreland Ave SE is land located in Atlanta, Georgia, 30316.

Is this property for sale now?

Active Listing: 1575 Moreland Ave SE is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $10,761 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 1, 2020 for $850,000. (source: MLS/tax record).

How much acreage is this property?

The property 1575 Moreland Ave SE is 2.25 acres.
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Rocket HomesGeorgiaFulton CountyAtlanta303161575 Moreland Ave SE

This home is located at 1575 Moreland Ave SE in Atlanta, GA and zip code 30316 in the Custer / McDonough / Guice neighborhood. This home, which was built in 1954, sits on a 2.25 acre lot. It has been listed on Rocket Homes since July 14, 2024 and is currently priced at $5,500,000.

While more than 184 listings in Atlanta, GA in October 2024 were sold above asking price, there were more than 249 listings sold at asking price, and more than 591 were sold below. Between September 2024 and October 2024, Atlanta, GA real estate market has seen increase in the number of listings by 15.6%. In October 2024, listings were on the market for 49 days. During the same period, the median list price in this real estate market was $421,449.

From Rocket Homes Real Estate and based on county public records data.

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