A row of four properties that once housed a scrapyard in Old Fourth Ward has hit the market for $4.52 million, positioned as a flexible redevelopment play just two blocks from the Atlanta Beltline’s Eastside Trail. The 0.61-acre assemblage sits between 568 and 582 Decatur St., along the neighborhood’s southern edge where it runs parallel to MARTA’s east-west rail line.
According to Urbanize Atlanta, the combined site can also be split into less expensive east and west parcels, per listings from Price Realty Group and Commercial Advisors. The four properties are currently zoned for a mix of industrial and residential uses, designated I-1 and R-5, a holdover from the site’s days as a scrapyard.
Despite that industrial zoning, listings cite the City of Atlanta’s Comprehensive Development Plan as calling for the Decatur Street properties to become medium-density residential, though that shift would require rezoning and city approvals that have not yet occurred. Readers curious about the parcels’ current designations can check the City of Atlanta Property Information application, which tracks zoning and tax parcel data by address.
A Corner Surrounded by Neighborhood Draws
The properties sit near the corner of Decatur Street and Bradley Street, sharing a block with Dad’s Garage Theatre Company and Comedy Emporium, housed in a converted former church. Down the street toward downtown are Fetch Park O4W and the O4W Market, while the Edgewood Avenue food and beverage district sits just to the north.
Across Decatur Street to the west, toward downtown, is the King of Pops Worldwide headquarters. The corner also scores well for car-free living: a 93 Walk Score rating it a Walker’s Paradise, an 88 Bike Score marking it Very Bikeable, and a Transit Score of 69, rated Good.
Beltline Momentum Fuels the Pitch
The listing’s framing as a row of properties near drivers of new investment lines up with broader numbers around the Beltline corridor. A recent analysis found the trail system generated $23 billion in economic output for Atlanta last year, along with $31 million in tax revenue for the city and more than $100 million for the state, according to WABE.
That same analysis estimates the Beltline has created almost 100,000 jobs and drawn more than $14 billion in private investment, with roughly 2.5 million annual visitors spending over $52 million at coffee shops, restaurants and other local businesses. Private developers have completed 318 projects along the corridor so far, with 93 more on the way, and officials say the Beltline had delivered over 4,000 affordable housing units by the end of 2025.
Nearby activity underscores the interest building around Old Fourth Ward real estate. The Atlanta Business Chronicle reported in June that Atlanta Beltline Inc. purchased The Willoughby, a 58,547-square-foot office building fronting the trail in the same neighborhood, in an area where rents have climbed. Whether the Decatur Street scrapyard site follows a similar path toward redevelopment remains to be seen, as no buyer or finalized project has been reported.
