Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Tucker, GA Development Opportunity Title is generated by Realmo AI

    4958 Presidents Way, Tucker, GA 30084

    View on Map
    Claim this Listing
    For Sale
    $491,400

    LAND - Tucker, GA

    Lot size:
    1.82 Acres
    Added:
    Apr 3, 2026
    Days on Market:
    62
    Last Refresh:
    Jun 3 at 9:06 am

    Property Features for 4958 Presidents Way

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R3
    Standard status
    Active
    Lot size
    1.82 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    4182

    Utilities

    Utilities
    Water Available

    We can help!

    Listing Contact
    Shaletha Colbert

    Listing agent Shaletha Colbert

    Listing office HomeSmart 10900 Crabapple Road, Atlanta, GA

    Listing date Apr 3, 2026

    MLS# 7746620 Listing URL

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

    HighLights

    • R3‑RSM zoning allows immediate residential development.
    • Engineering plans for 24+ townhomes included, saving time and costs.
    • Prime 1.82‑acre lot in a high‑demand Tucker, GA corridor.
    • Potential to assemble with adjacent parcels for a total of 6.09 acres.
    • Minutes from Highway 78, I‑85, and I‑285, providing excellent connectivity.
    • Close proximity to shopping, dining, and employment hubs.

    Overview

    This 1.82-acre lot in Tucker, GA, presents a development opportunity in a high-demand corridor. Zoned R3-RSM, the property is ready for immediate residential development. Engineering plans for over 24 townhomes are included, potentially reducing planning time. The lot can be assembled with two adjacent parcels on Presidents Way, totaling 6.09 acres. The location provides connectivity to Atlanta and surrounding areas via Highway 78, I-85, and I-285. Nearby shopping, dining, and employment hubs enhance its long-term value. This property is suited for residential development.
    Property Profile 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 Gym & Fitness Center Building Supply Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Tucker
    County
    DeKalb
    State
    Georgia
    Longitude
    -84.185171
    Latitude
    33.861895

    Nearby Similar for Sale

    • $340,000
      2,584 SF

      Mountain Industrial Boulevard Commercial Building

      Two-story brick building suitable for medical, office, or retail use.
      2893 Mountain Industrial Boulevard, Tucker, GA 30084
      View Details
    • $799,900
      5,208 SF

      Four-Story Office Building in Tucker

      Spacious office building with versatile layout and convenient location.
      4953 Presidents Way, Tucker, GA 30084
      View Details
    • $799,900
      7,700 SF

      Four-Story Office Building in Tucker

      Spacious office building with flexible layout and convenient location.
      4953 Presidents Way, Tucker, GA 30084
      View Details
    • $2,800,000

      Prime Commercial Property in Tucker

      High-visibility commercial property with income potential in downtown Tucker.
      4281 Hugh Howell Road, Tucker, GA 30084
      View Details
    • $660,000

      Tucker Land Parcel with Potential

      2.99-acre wooded lot zoned RSM in rapidly growing DeKalb County.
      4963 Presidents Way, Tucker, GA 30084
      View Details
    • $660,000

      Land in Tucker, Georgia

      2.99-acre wooded parcel zoned RSM in rapidly growing DeKalb County.
      4963 Presidents Way, Tucker, GA 30084
      View Details
    • $1,495,000

      Prime Tucker Redevelopment Opportunity

      Corner lot near I-285, suitable for commercial/residential redevelopment.
      4317 Lavista Road, Tucker, GA 30084
      View Details
    • $299,000

      Development-Ready Land in Tucker, GA

      1.28-acre residential lot with development potential in a growing corridor.
      4973 Presidents Way, Tucker, GA 30084
      View Details
    • $299,000

      Development-Ready Land in Tucker, GA

      1.28-acre wooded parcel zoned RSM in high-demand location.
      4973 Presidents Way, Tucker, GA 30084
      View Details
    • $1,100,000

      Versatile Mixed-Use Investment Opportunity

      Prime Tucker City location with income-generating rental house.
      4297 Hugh Howell Road, Tucker, GA 30084
      View Details
    • $2,800,000
      7,124 SF

      Prime Commercial Property in Tucker

      High-visibility commercial property with existing tenants and development potential.
      4281 Hugh Howell Road, Tucker, GA 30084
      View Details
    • $491,400

      Tucker, GA Development Opportunity

      1.82-acre lot with plans for 24+ townhomes.
      4958 Presidents Way, Tucker, GA 30084
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 1.82-acre lot with plans for 24+ townhomes.
    Where is this residential land & home lot located?
    The property is located at 4958 Presidents Way Tucker, GA.
    What is the asking price?
    The asking price for this property is $491,400.
    What are key features of this property?
    This property features: R3‑RSM zoning allows immediate residential development.; Engineering plans for 24+ townhomes included, saving time and costs.; Prime 1.82‑acre lot in a high‑demand Tucker, GA corridor.
    (404) 876-4901
    We can help!
    Listing Contact
    Shaletha Colbert
    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

    Thank You for Inquiry
    4958 Presidents Way, Tucker, GA 30084
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!