For Auction
41,800 SF Redevelopment Opportunity | Atlanta MSA | 7.6 AC
Riverdale, GA 30274Represented by
Matthews REIS
Asset Snapshot
Offering Summary
Investment Highlights:
- ±7.6 Acre Redevelopment Opportunity: Flat, well-shaped parcel ideal for a range of uses including townhomes, multifamily, warehouse, self-storage, or truck parking.
- Existing ±41,800 SF Structure on Site: Former 16-screen theater provides optional adaptive reuse potential or cost-effective demolition footprint.
- Strategic Metro-Atlanta Location: Situated along GA-138, less than 10 miles from Hartsfield-Jackson Atlanta International Airport and minutes from I-75, I-285, and I-85.
- High Visibility & Access: Frontage along one of South Atlanta’s busiest commercial corridors connecting Riverdale, Jonesboro, and Fayetteville.
- Strong Surrounding Demographics: Population exceeding 175,000 within 5 miles with continued growth in South Metro Atlanta housing demand.
Offering Summary:
Matthews™ is pleased to present a premier redevelopment opportunity at 274 Hwy 138 SW, a ±7.6-acre infill site strategically located in Riverdale, GA, within the rapidly growing Atlanta MSA. This flat, well-shaped parcel benefits from high visibility along GA-138—one of South Atlanta’s busiest commercial corridors—and offers direct access to major transportation arteries, including I-75, I-285, and I-85. Positioned less than 10 miles from Hartsfield-Jackson Atlanta International Airport, the site is ideally suited for a wide range of development uses including multifamily, townhomes, warehouse, self-storage, or truck parking. The property features an existing ±41,800-square-foot structure, formerly a 16-screen movie theater, offering potential for adaptive reuse or cost-effective demolition. Zoned NC (Neighborhood Commercial), the site supports a flexible mix of commercial and residential redevelopment strategies. With over 500 existing parking spaces, multiple curb cuts, and utility infrastructure in place, the parcel is vacant and ready for immediate development.
Surrounding demographics further bolster the site's investment appeal, with a population exceeding 175,000 within a five-mile radius and ongoing demand for housing and services in South Metro Atlanta. The rarity of a site of this scale, zoning versatility, and strategic location provides investors, developers, and end-users with multiple exit strategies and long-term potential in a supply-constrained submarket.
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Disclaimers
The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.
