Active Pipeline

Current Acquisitions

Three target parcels on Northern Avenue in DeKalb County — each selected for RSM rezoning potential and proximity to the $6M Inline Communities comparable.

Pipeline Summary

Active Acquisition Pipeline

All three parcels are located on Northern Avenue in DeKalb County, Georgia — directly adjacent to the Inline Communities RSM exit comparable.

Property Address	Parcel Size	Current Zoning	Target Zoning	Est. Units	Projected Exit	Status
712 Northern Ave DeKalb County, GA	~0.92 acres	R-75	RSM	12–14 TH	$1.8M–$2.2M	Under Contract
700 Northern Ave DeKalb County, GA	~1.10 acres	R-75	RSM	14–16 TH	$2.1M–$2.6M	Controlled
686 Northern Ave DeKalb County, GA	~0.78 acres	R-75	RSM	10–12 TH	$1.5M–$1.8M	Target

Combined Assemblage~2.8 acres | 36–42 townhome units

Projected Exit Range$5.4M – $6.6M (combined)

Inline Communities Comp$6M+ — same street, same zoning

Primary Exit TargetMillrose Properties / DRB Group

Property Detail

Northern Avenue Corridor

Three adjacent parcels forming a contiguous assemblage on the same corridor as the Inline Communities $6M exit.

712 Northern Ave, DeKalb Co.

712 Northern Avenue

DeKalb County, Georgia 30032

Under Contract

Parcel Size ~0.92 acres
Current Zoning R-75 Single-Family
Target Zoning RSM (Townhome)
Projected Yield 12–14 townhome units
Projected Exit Value $1.8M–$2.2M
Entitlement Status Pre-application

700 Northern Ave, DeKalb Co.

700 Northern Avenue

DeKalb County, Georgia 30032

Controlled

Parcel Size ~1.10 acres
Current Zoning R-75 Single-Family
Target Zoning RSM (Townhome)
Projected Yield 14–16 townhome units
Projected Exit Value $2.1M–$2.6M
Entitlement Status Pre-application

686 Northern Ave, DeKalb Co.

686 Northern Avenue

DeKalb County, Georgia 30032

Target

Parcel Size ~0.78 acres
Current Zoning R-75 Single-Family
Target Zoning RSM (Townhome)
Projected Yield 10–12 townhome units
Projected Exit Value $1.5M–$1.8M
Entitlement Status Seller outreach in progress

Parcel Aerial

Combined Acquisition Map

DeKalb County GIS aerial showing 700 & 712 Northern Avenue — 4.62 acres combined, positioned between I-285 and Northern Avenue with immediate access to the RSM rezoning corridor.

700 and 712 Northern Ave DeKalb County parcel map — NAV Capital Partners

Source: DeKalb County Tax Assessor GIS · 2024 Aerial Imagery · Esri

Why These Parcels

Adjacent to the $6M Comparable

The Inline Communities transaction established the exit price and validated DeKalb County's willingness to approve RSM rezoning on Northern Avenue. Our three target parcels sit directly on the same corridor — giving us the strongest possible underwriting basis for acquisition pricing, entitlement approval confidence, and exit valuation.

We are not speculating on rezoning approval or builder demand. Both have been proven by a closed transaction on our target street.

$6M Inline Communities
Comparable Exit

Investor Inquiry

Interested in Co-Investing?

We are currently evaluating co-investment partners for our Northern Avenue assemblage. Reach out to learn about deal structure, projected returns, and minimum investment thresholds.