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.
Listing Provided Courtesy of Keller Williams Realty Intown ATL
Property Details
Price:
$55,000
MLS #:
7534030
Status:
Active
Beds:
0
Baths:
0
Address:
1840 Wells Drive SW
Type:
Land
Subtype:
Unimproved Land
City:
Atlanta
Listed Date:
Feb 20, 2025
State:
GA
ZIP:
30311
Schools
Elementary School:
Fulton – Other
Middle School:
Fulton – Other
High School:
Fulton – Other
Interior
Exterior
Community Features
Park, Sidewalks
Other Structures
None
Security Features
None
Financial
Tax Year
2024
Taxes
$1,084
Map
Community
- Address1840 Wells Drive SW Atlanta GA
- Subdivisionnone
- CityAtlanta
- CountyFulton – GA
- Zip Code30311
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1840 Wells Drive SW
Atlanta, GA
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