2.1± Acre Commercial Tract at 2892 Springdale Rd SW, Atlanta, GA
Online Only Auction Minimum Bid $200,000 Bid Deadline: Wednesday, September 15 at 11:00 AM ET Sale Manager: Jeb Howell Zoned O&I Near Hartsfield Jackson Airport in Fed Opportunity Zone Parcel ID 14 010000030668 2020 Taxes were $3,597.48 (City) and $1,161.14 (County); 2021 taxes will be prorated at closing. 2021 tax value is $290,400. Sold subject to insurable title free of any liens, to be conveyed through a Limited Warranty Deed. Description: Partially wooded fairly level O&I zoned development tract with 154± feet of frontage on Springdale Road and 138± feet of frontage on I-85. Property is zoned O&I which allows for a variety of uses, including medical office facility, hotel, parking facility, daycare center/personal care, self storage facility, multi-family or office building . It is also located in a Federal Opportunity Zone which provides a number of tax incentives for qualified investors. A super WalMart is located in close proximity at the corner of Springdale and Cleveland Avenue. The neighborhood has a number of medical uses nearby, including Wellstar Hospital, Grady Crestview, East Point Medical Center, Southside Medical Center, and Fox Glove Assisted Living (next door). There is an old house on the lot. Directions: The property is located between I-75 and the east side of Springdale Road, about .3 mile south of the Cleveland Avenue Exit 76 of I-75, about 5 miles north of Hartsfield Jackson airport, and the first exit south of the convergence of I-75 and I-85. Broker Participation Invited: A two percent (2%) Commission will be paid on the final contract price to any properly registered broker whose prospect purchases real estate at the auction and closes in full. Please see Auction Terms for full details. Property Inspection: Inspect Anytime Please note: Whereas it is possible that this listing is posted with a stated price as may be required by certain marketing platforms, this asset could sell for more or less than the stated price since this is an auction. Please visit our website for complete listing, due diligence materials and additional images. Terms: 10% Buyers Premium added to winning bid to determine sale price, 10% Earnest Money Deposit, 2% Broker Co-Op, close within 30 Days. AMC GAL 2503