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905 James Jackson Parkway

$3,500,000

905 James Jackson Parkway, Atlanta, GA 30318

Active
Last Updated: 01/12/2023

14,987 sqft

Building Size

1965

Year Built

Details:
Building Size:    14,987 sqft
Year Built:    1965
Highlights:
  • Lot Features: Corner Lot
  • Gross Income: 0
  • Number Of Buildings: 2
  • Bathrooms Total: 0
  • Documents Available: Legal Desc
  • Cooling: Central Air
  • Heating: Central
  • Electric: 220 Volts
  • Flooring: Concrete
  • Construction Materials: Brick 4 Sides
  • Parking Features: Parking Lot
  • Accessibility Features: Accessible Entrance
  • Security Features: None
  • Buyer Agency Compensation: 4
Description:

Located in a Federal Opportunity Zone and Tax Allocation District, this is a rare opportunity to own commercial property in the highly sought after Westside Atlanta market where exponential growth has happened in recent years. This listing includes the sale of five separate parcels that are contiguous to one another. It includes three parcels of unimproved land, a residential duplex as well as a shopping plaza that currently is subdivided into ten units of varying sizes. A potential assemblage for development into another property type is an option also as there is new construction currently underway in close proximity, both residential and commercial. This location is approximately ten minutes from Downtown Atlanta, Westside Reservoir Park, I-20, I-285, Quarry Yards, The Atlanta Beltline, the new Microsoft campus, MARTA, Georgia Institute of Technology, Spelman College, Morehouse College, Georgia State University, West Midtown, West End, Westview and Oakland City. AD Williams Park is an 11 acre recently updated park that is also near to the property. Marta - Bankhead train station has a $6M renovation planned to help transform the station, and tech giant Microsoft's decision to build one of its largest hubs nearby illustrate the economic development potential of the area. The shopping plaza currently has tenants and a spacious parking lot. The duplex is not rented currently. James Jackson Parkway and intersecting streets are also a major thoroughfare to and from Cobb County for residents commuting to work in Atlanta.

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Today's Available Mortgage Rates

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Interest Rate
Mo. Payments
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default.
Loan Amount
Rates as of 07/26/2025
Bank*Lender #1049
5 Year Fixed
25 Year Amortization
Interest rate 5.96% 5 Year Fixed
Mo. Payment$16,175 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 56% LTV $0 Lender fees
Loan Amount $2,520,000 Loan Amount
Bank*Lender #1049
7 Year Fixed
25 Year Amortization
Interest rate 6.09% 7 Year Fixed
Mo. Payment$16,083 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 55% LTV $0 Lender fees
Loan Amount $2,475,000 Loan Amount
Bank*Lender #1049
10 Year Fixed
25 Year Amortization
Interest rate 6.19% 10 Year Fixed
Mo. Payment$16,235 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 55% LTV $0 Lender fees
Loan Amount $2,475,000 Loan Amount
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