428 Holly Dr SE

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OFF-MARKET DEAL — BUILDABLE LOT / TEAR-DOWN 🔥
428 HOLLY DR SE, ATLANTA, GA 30354
ASSIGNMENT PRICE: $105,000

(Contract Price: $75,000 — Assignment Fee: $30,000)

📌 DEAL HIGHLIGHTS

Off-market tear-down / lot play in the rapidly appreciating Lakewood / South Atlanta corridor

Perfect for infill builders, spec builders, or new construction developers

Comps confirm strong lot value ($105k–$120k nearby)

Utilities available — ideal for new construction

Zoned for residential single-family development

📊 LOT COMPS (Nearby Tear-Down Sales)
Address    Lot Price
430 Holly Dr SE    $115,000
435 Holly Dr SE    $108,000
422 Holly Dr SE    $120,000
439 Holly Dr SE    $118,000

You’re getting it at: $105,000 — Below market value

🏗️ NEW CONSTRUCTION ARV

Brand-new 1,600–1,800 sqft homes in this pocket sell for:

💰 ARV: $350,000 – $380,000

Strong numbers for builders with efficient construction crews.

🔑 WHY THIS DEAL MAKES SENSE

✔️ Instant equity based on lot comps

✔️ High-demand new-build pocket (builders buying aggressively)

✔️ Perfect 0.17 acre lot for a modern single-family home

✔️ Rare opportunity — tear-downs in this area move fast

✔️ Utilities and zoning make this ready for permitting

💸 BUYER TERMS

Assignment Price: $105,000

EMD: $1,000 (non-refundable)

Closing: On closing date

Closing Attorney: n/a

Buyer pays all closing costs

First buyer with EMD wins. No wholesalers or daisy chains.

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