Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1745 Indian Wood Road Lithonia, GA 30058

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    LAND - Lithonia, GA

    Lot size:
    0.31 Acres
    Added:
    Jan 7, 2026
    Days on Market:
    114
    Last Refresh:
    May 1 at 5:06 am

    Property Features for 1745 Indian Wood Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Vegetation
    Cleared, Partially Wooded
    Standard status
    Active
    APN
    16 197 02 095
    Lot size
    0.31 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Annual Amount
    1014

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Tiffany M Ivey
    Tiffany M Ivey

    Listing agent Tiffany M Ivey License #380254

    Listing office Funari Realty LLC 3704 A Village Way, Braselton, GA

    Listing date Jan 7, 2026

    MLS# 10669476 Listing URL

    Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Land Lot in Lithonia

    This residential land lot, situated in Lithonia, Georgia, offers 0.31 acres. The property is intended for residential use. It can be purchased individually or as part of a package with another property located at 262 Tapestry Dr in McDonough. Prospective buyers are advised to independently verify all provided information during their due diligence process.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lithonia
    County
    DeKalb
    State
    Georgia
    Longitude
    -84.076887
    Latitude
    33.738938

    Nearby Similar for Sale

    • $2,300,000
      2,356 SF

      Turn-Key Auto Repair Business Opportunity

      Auto repair shop with land, business, and inventory included.
      3849 Panola Road, Lithonia, GA 30038
      View Details
    • $750,000

      Lithonia Land with Church & House

      5.03 acres with church, house, and frontage on Panola Rd.
      1900 Panola Road, Lithonia, GA 30058
      View Details
    • $461,000
      1,580 SF

      Lithonia Commercial Land For Sale

      Prime commercial land in Lithonia, ready for immediate development.
      6651 Hillandale Drive, Lithonia, GA 30058
      View Details
    • $560,000

      Commercial Lot in Lithonia, GA

      0.71 acre commercial lot with high traffic volume.
      1800 Rock Chapel Road, Lithonia, GA 30058
      View Details
    • $2,000,000

      Prime Land in Lithonia, GA

      17.69-acre parcel with dual road frontage in high-growth area.
      7878 Covington Highway, Lithonia, GA 30058
      View Details
    • $1,850,000
      17,680 SF

      Commercial Building on Covington Hwy

      Stand-alone commercial building with eight suites in high-traffic area.
      2485 Lithonia Industrial Boulevard, Lithonia, GA 30058
      View Details
    • $200,000
      1,400 SF

      Commercial Space in Lithonia, Georgia

      1400 sqft commercial space, previously a restaurant, ready for renovation.
      2546 ROCK CHAPEL Road, Lithonia, GA 30058
      View Details
    • $200,000
      1,400 SF

      Commercial Space in Lithonia, GA

      1400 sqft commercial space, previously a restaurant, ready for renovation.
      2546 ROCK CHAPEL Road, Lithonia, GA 30058
      View Details
    • $560,000

      Commercial Lot in Lithonia

      0.71 acre commercial lot with high traffic volume.
      1800 Rock Chapel Rd, Lithonia, GA 30058
      View Details
    • $500,000

      Residential Development Land in Lithonia

      26-acre parcel zoned for residential development in Stonecrest, GA.
      3961 Panola Road, Lithonia, GA 30038
      View Details
    • $500,000

      Residential Land in Growing Corridor

      26-acre parcel zoned R-100 with development potential.
      3961 Panola Road, Lithonia, GA 30038
      View Details
    • $625,000

      Prime Commercial Land Opportunity

      1.94+/- acres of commercial land in Lithonia, GA.
      6257 Hillandale Drive, Lithonia, GA 30058
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Residential land lot available in Lithonia, Georgia.
    Where is this residential land & home lot located?
    The property is located at 1745 Indian Wood Road Lithonia, GA.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Residential land lot, ready for your dream home.; Can be sold individually or packaged with adjacent property at 262 Tapestry Dr.; Water available, offering convenience for development.
    (678) 910-5250
    We can help!
    Listing Contact
    Tiffany M Ivey
    Tiffany M Ivey
    Real Estate License ID: 380254
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!