IFB B600429 ¿ Disposal of D1158 Former Stone Mountain Park and Ride Lot

The Metropolitan Atlanta Rapid Transit Authority (MARTA) is soliciting bids for the purchase of land parcel D1158, the Former Stone Mountain Park and Ride Lot in Stone Mountain, DeKalb County, Georgia, with bids due August 26, 2026, at 2:00 p.m. Eastern and a pre-bid conference and site visit scheduled for August 6, 2026, at 10:00 a.m. at MARTA headquarters. No set-asides for disadvantaged or small business enterprises apply.

The property comprises approximately 2.54 acres located northeast of 4th Street and Manor Drive and is being sold on an "as-is, where-is" basis with MARTA expressly disclaiming all representations and warranties regarding condition or fitness for any particular use. The minimum bid amount is $408,000. Bid security of 10% of the bid amount must be submitted as a certified or cashier's check; successful-bidder security will be credited against the purchase price at closing, and unsuccessful-bidder security will be returned within 30 calendar days of award. The contract will be awarded to the highest responsive and responsible bidder. Bidder offers remain firm for 150 calendar days from the bid opening date of August 27, 2026.

Purchasers have a 45-day inspection period from contract execution to conduct property testing and obtain reports with opportunity to withdraw without penalty before the inspection period ends; withdrawal after the inspection period results in forfeiture of 100% of bid security. Full payment of the purchase price must be made in cash at closing, which must occur no later than 90 days after contract execution. If the successful bidder fails to close, the bid security is forfeited as liquidated damages.

Questions in writing are due to Markisa Davis at mdavis-ctr@itsmarta.com by August 13, 2026, at 11:59 p.m. Pre-bid conference attendance is strongly encouraged but not mandatory; RSVP is required by August 4, 2026, at 2:00 p.m. Commercial general liability insurance of $1,000,000 per occurrence/$2,000,000 aggregate and commercial automobile liability insurance of $1,000,000 combined single limit are required.