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1840 Wells DR SW Atlanta, GA 30311
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Key Details
Sold Price $40,000
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 7623327
Sold Date 10/21/25
HOA Y/N No
Annual Tax Amount $1,084
Tax Year 2024
Lot Size 0.840 Acres
Acres 0.84
Property Sub-Type Unimproved Land
Source First Multiple Listing Service
Property Description
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.
Location
State GA
County Fulton
Area None
Zoning R3
Lake Name None
Rooms
Other Rooms None
Interior
Equipment None
Exterior
Fence None
Community Features Park, Sidewalks
Utilities Available None
Waterfront Description None
View Y/N Yes
View Trees/Woods, Other
Present Use Vacant
Street Surface Asphalt
Private Pool false
Building
Lot Description Level
Schools
Elementary Schools Fulton - Other
Middle Schools Fulton - Other
High Schools Fulton - Other
Others
Senior Community no
Tax ID 14 0199 LL1357
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Bought with BHGRE Metro Brokers
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