3961 Panola RD Active Save Request In-Person Tour Request Virtual Tour
Lithonia,GA 30038
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 7441273
Annual Tax Amount $3,029
Tax Year 2023
Lot Size 26.000 Acres
Property Sub-Type Unimproved Land
Property Description
26 (+/-) Acres | Zoned R-100
This 26-acre parcel offers immediate development potential in a growing corridor of Stonecrest, GA. The property is currently zoned R-100 (Residential Medium Lot District), allowing up to 3 homes per acre (1 home per 15,000 sq. ft.) with a maximum lot coverage of 35%.
Location:
3 miles to I-20
23 miles to Hartsfield-Jackson Atlanta International Airport
Nearby amenities include Browns Mill Park & Aquatic Center (2 miles), Arabia Mountain (6 miles), Stonecrest Mall (8 miles), and Stone Mountain (15 miles).
Infrastructure:
Utilities available: electric, water, cable, natural gas
Sewer access: easement required, connection available via adjacent community at the rear of the property
Property Features:
Gently sloping topography with wooded cover
Historical use as farmland and timber harvest site (mid-1900s)
26 (+/-) contiguous acres suitable for residential development
Development Potential-
Subdivision opportunity: well-suited for residential subdivision projects given zoning, access, and location
Private estate option: acreage and setting also allow for construction of a large private residence with significant land use flexibility
Summary:
3962 Panola Road presents a prime opportunity for builders, developers, or investors seeking residential development land in the Stonecrest/Atlanta metro area. The combination of location, zoning, and available utilities makes this property a strong candidate for immediate planning and subdivision.
Location
State GA
County Dekalb
Zoning R100
Rooms
Other Rooms None
Interior
Equipment None
Exterior
Fence Barbed Wire
Community Features None
Utilities Available Cable Available,Electricity Available,Natural Gas Available,Phone Available,Water Available
Waterfront Description None
View Y/N Yes
View Rural
Building
Lot Description Private
Schools
Elementary Schools Flat Rock
Middle Schools Salem
High Schools Martin Luther King Jr
Others
Acceptable Financing 1031 Exchange,Cash,Conventional
Listing Terms 1031 Exchange,Cash,Conventional