Value-Add Redevelopment Opportunity

199 Turman Ave SE, Atlanta, GA 30315

Property Information

  • For Sale $2,500,000
  • Property Type Industrial - Warehouse/Distribution
  • Property Size 15,840 SF
  • Lot Size 2.38 Acre
  • Parking Spaces Avail. 20
  • Parking Ratio 1.22 / 1,000 SF
  • Property Tenancy Single Tenant
  • Year Built 1955
  • Date Updated Jun 22, 2026
  • Fire Sprinklers None
  • HVAC None

Description

Prime Redevelopment Site in Proximity of Residential Properties Access to I-75/85, I-20, and Lakewood Freeway 2.26 Acre Property Slater Elementary, Price Middle, Carver High School Districts Primary Bldg Site on 0.957 Acres, Undeveloped Area 1.304 Acres Close Proximity to Lakewood Ampitheater, EUE Screen Gems Movie Studio199 Turman Avenue SE offers investors and developers a rare 2.26-acre infill site with an existing 16,400± SF single-story structure and 500 feet of street frontage in the City of Atlanta. Strategically located within Southeast Atlanta’s growth corridor, the property is surrounded by major infrastructure, residential redevelopment, and strong institutional anchors, creating multiple adaptive reuse and redevelopment pathways. Zoned PD-H and R4-A, the site supports both institutional and residential uses, making it a flexible candidate for multifamily infill, senior housing, education, creative office, or mixed-use repositioning. With nearly half the site undeveloped, investors gain both an immediate value-add reuse opportunity and long-term development potential.

Highlights

  • ±0.95 acres currently improved
  • ±1.3 acres undeveloped (expansion or new construction potential)
  • Building Size: ±16,400–17,400 SF existing structure
  • Construction: Frame & steel siding with metal roof
  • Frontage: ±500 feet along Turman Avenue SE
  • Land Area: ±2.26 acres (98,445 SF)
  • Parking: Existing paved lot with ~15 striped spaces; ample room for expansion
  • Year Built / Renovated: 1955 (renovated ~1990)
  • Zoning: PD-H & R4-A (supports residential + institutional)

Contacts

Location

Located at 199 Turman Ave SE, Atlanta, GA 30315, this property is part of the Lakewood Heights neighborhood and Atlanta market.

Contact Listing Broker
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