Incredible residential development opportunity on this level lot in the heart of up and coming Mechanisville. Zoned SPI-18-SA5. Mechanisville Special Public Interest District, which allows for single or multi family development. Walking distance to 2 Beltline entrances and close proximity to the New Pittsburgh Yards multi-million dollar 31-acre mixed used development, future Beltline Southside Corridor& walking distance to The Beltline Westside Trail & Pittman Park. Lot is situated near many of the city's major redevelopment projects - The Met, the former Turner Field and State Farmers Market, which is now a hip Summerhill Food & Restaurant area, Hartsfield-Jackson International Airport, Lee & White Street, Georgia State University and all major highways and minutes from Downtown. Don't miss yourchance to claim your stake in a growing area that is showing appreciation and pegged for growth. Located in the Atlanta Opportunity Zone. Zoning information can be at found at City of Atlanta GIS or FMLS & GAMLS Media. No survey.
Vacant landProperty Type
1,677 sq ftLot Size
$27Price/Sq.Ft.
Listed by BRANDON MARSHALL• Trend Atlanta Realty, Inc.
Mechanicsville, located between Downtown Atlanta and the West End, is a historic and residential Atlanta neighborhood with a rail-lined edge and a grid of porch-front streets. The neighborhood’s character concentrates around the Georgia Avenue corridor near the Atlanta University Center, where corner stores, murals, and campus foot traffic set the tempo. Longtime pillars include the historic Pittsburgh Yards creative campus, the Atlanta University Center institutions, and the nearby Mercedes-Benz Stadium event scene. Housing reads as early-20th-century cottages and bungalows alongside newer infill. Sidewalk walks trace toward the BeltLine’s Westside Trail and the industrial blocks around University Avenue. MARTA rail at nearby stations keeps the geography connected to the city’s core.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Interior features
Property is not habitable residence
Exterior features
Cleared lot
Concrete road frontage
City street access
Street lights in the community
Lot located behind 235 Dodd Ave SW; no sign visible
Home design
Vacant land (no habitable residence)
Utilities
Sewer available
Underground utilities
Sale and tax history for 784 Formwalt St SW
Sale History
Tax History
Date
Event
Price
FMLS #7769367
Aug 22, 2026
Price Changed
$44,900
Jun 23, 2026
Price Changed
$54,900
May 18, 2026
Price Changed
$49,900
May 12, 2026
Listed
$51,900
GAMLS #10762841
Aug 22, 2026
Price Changed
$44,900
Aug 22, 2026
Price Changed
$54,900
May 18, 2026
Price Changed
$49,900
May 12, 2026
Listed
$51,900
Incredible residential development opportunity on this level lot in the heart of up and coming Mechanisville. Zoned SPI-18-SA5. Mechanisville Special Public Interest District, which allows for single or multi family development. Walking distance to 2 Beltline entrances and close proximity to the New Pittsburgh Yards multi-million dollar 31-acre mixed used development, future Beltline Southside Corridor& walking distance to The Beltline Westside Trail & Pittman Park. Lot is situated near many of the city's major redevelopment projects - The Met, the former Turner Field and State Farmers Market, which is now a hip Summerhill Food & Restaurant area, Hartsfield-Jackson International Airport, Lee & White Street, Georgia State University and all major highways and minutes from Downtown. Don't miss yourchance to claim your stake in a growing area that is showing appreciation and pegged for growth. Located in the Atlanta Opportunity Zone. Zoning information can be at found at City of Atlanta GIS or FMLS & GAMLS Media. No survey.
FMLS #7251234
Apr 30, 2026
Listing Removed
—
Jan 7, 2026
Price Changed
$56,900
Nov 11, 2025
Price Changed
$52,900
Sep 30, 2025
Listing Removed
—
Jul 31, 2025
Listing Removed
—
Feb 28, 2025
Listing Removed
—
Nov 30, 2024
Listing Removed
—
Sep 27, 2024
Price Changed
$69,000
Sep 2, 2024
Price Changed
$61,900
Apr 1, 2024
Price Changed
$69,999
Mar 31, 2024
Listing Removed
—
Feb 28, 2024
Price Changed
$64,900
Feb 11, 2024
Listing Removed
—
Jan 29, 2024
Price Changed
$59,900
Nov 2, 2023
Price Changed
$64,900
Oct 31, 2023
Listing Removed
—
Aug 31, 2023
Listing Removed
—
Jul 24, 2023
Listed
$89,900
GAMLS #10185057
Apr 30, 2026
Listing Removed
—
Jan 7, 2026
Price Changed
$56,900
Nov 30, 2025
Listing Removed
—
Nov 11, 2025
Price Changed
$52,900
Sep 30, 2025
Listing Removed
—
Jul 31, 2025
Listing Removed
—
Nov 30, 2024
Listing Removed
—
Sep 30, 2024
Price Changed
$69,000
Sep 2, 2024
Price Changed
$61,900
Apr 1, 2024
Price Changed
$69,999
Mar 31, 2024
Listing Removed
—
Feb 29, 2024
Price Changed
$64,900
Feb 11, 2024
Listing Removed
—
Jan 28, 2024
Price Changed
$59,900
Dec 31, 2023
Listing Removed
—
Nov 30, 2023
Listing Removed
—
Nov 2, 2023
Price Changed
$64,900
Oct 31, 2023
Listing Removed
—
Aug 31, 2023
Listing Removed
—
Jul 24, 2023
Listed
$89,900
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Finished Sq. Ft.
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Vacant Land
County
Fulton County
APN
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Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on May 5, 2026.
SPI-18 SA5
Mechanicsville Neighborhood Special Public Interest District - Subarea 5: Single-Family
The intent of the council in establishing SPI-18 Mechanicsville Neighborhood Special Public Interest District as a zoning district is as follows: Create a diversified city where people across the spectrum of age, income, ethnicity, and culture can live, work, shop, meet, and play; Improve the aesthetics of streets and the built environment; Ensure through the administration of specific standards and criteria that new housing achieve architectural, site and street design consistent with the existing historic built environment. Protect the historic character of the single-family residential areas; Facilitate safe, pleasant, and convenient sidewalk-level pedestrian circulation that minimizes impediments by vehicles; Promote public safety through the provision of pedestrian-oriented street-level uses, sufficient sidewalk widths, adequate visibility from adjacent buildings and primary pedestrian access from buildings to adjacent sidewalks; Ensure pedestrian-oriented building forms which are compatible with the scale, character and needs of the neighborhood; Encourage a grid of connected streets to improve access and reduce congestion: Facilitate safe and convenient bicycle usage; Encourage a compatible mixture of residential, commercial, cultural and recreational uses; Promote an appropriate balance and scale of commercial uses which meet the needs of nearby residents; Encourage infill and rehabilitation development within traditionally commercial areas that include proportionately significant residential uses; Place reasonable controls on the development of larger scale highway-oriented retail, service, office and dining uses which are intended to serve larger areas of the city than a single neighborhood or a small group of neighborhoods; Encourage owner occupancy and retention of single-family residential structures compatible with the character of the Mechanicsville residential neighborhood while permitting two-family and multi-family housing in appropriate locations; Provide a range of housing types and prices to meet different housing needs; Prevent encroachment of incompatible commercial uses and minimize commercial parking in residential subareas; Provide accessible and sufficient parking in an unobtrusive manner; Reduce parking requirements by encouraging shared parking and alternative modes of transportation; Provide sufficient, safe and accessible parks, plazas and greenways for active and passive enjoyment; and Improve the quality of air and water through provisions for the planting of trees, bicycle parking and an urban form that reduces the need to drive.
Permitted uses
Include but are not limited to:
Housing-Single unit
Infrastructure
Educational/school
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
5/10 Heat Factor
7 days above 103° expected this year, 17 days in 30 years
5/10 Wind Factor
25% chance of strong winds in next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Atlanta, GA • 30315
Average low and high temperatures (°F)
51
34
62
42
72
50
78
58
80
63
87
70
91
75
84
70
85
67
76
57
67
49
58
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
74/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
7.9 hrs
4.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 784 Formwalt St SW
$39,962
$4,938 under list price of $45K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $53K to $336K.