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    4674 Snapfinger Woods Dr Decatur, GA 30035

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    37.78 Acres, Multifamily Potential

    Description

    Added:
    Jan 24, 2025
    Days on Market:
    348
    This exceptional 37.78-acre site in Decatur, Georgia, presents a prime development opportunity. Located in DeKalb County, less than two miles west of I-20 and I-285, this property boasts a desirable location with significant development potential. The site is zoned MZ and is part of a larger 85.43-acre assemblage, offering flexibility for developers. The I-20 Corridor Overlay District permits mixed-use developments, allowing up to 40 dwelling units per acre, plus a 25% bonus density. Studies indicate the potential for over 732 multifamily units. The property's gentle topography and convenient access to utilities enhance its appeal. Significant economic incentives are available through Qualified Census Tract (QCT) and Livable Center Initiative (LCI) designations. Its proximity to the Wesley Chapel Transit Oriented District (TOD) and a planned MARTA station further enhances its value. The property's APN numbers are 15-127-02-005, 15-127-02-028, 15-127-02-060, and 15-128-04-002. Water and sewer credits are available. High traffic counts on I-20 (approximately 64,795 vehicles per day) and Snapfinger Road (approximately 17,800 vehicles per day) underscore the site's strategic location. This property is ideal for townhome and multifamily residential development, offering a unique blend of accessibility, incentives, and development potential. The address is 4674 Snapfinger Woods Dr, Decatur, GA 30035.

    Property Features for 4674 Snapfinger Woods Dr

    General Information

    Property type
    Land
    Lot Size
    1,645,697 SF

    HighLights

    • ±37.78‑acre site, a subdivision of a larger ±85.43‑acre parcel.
    • DeKalb County location, less than 2 miles west of I‑20 and I‑285 interchange.
    • Eligible for economic incentives due to Qualified Census Tract (QCT) and Livable Center Initiative (LCI) designations.
    • I‑20 Corridor Overlay zoning allows mixed‑use development, up to 40 du/acre plus 25% bonus density; potential for over 732 multifamily units.
    • Adjacent to Wesley Chapel Transit Oriented District (TOD) and within walking distance of a planned MARTA station.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    DeKalb
    State
    Georgia
    Longitude
    -84.1990424
    Latitude
    33.7126873

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    FAQs

    What type of property is this?
    Land - 37.78 Acres, Multifamily Potential
    Where is this land located?
    The property is located at 4674 Snapfinger Woods Dr Decatur, GA.
    What are key features of this property?
    This property features: ±37.78-acre site, a subdivision of a larger ±85.43-acre parcel.; DeKalb County location, less than 2 miles west of I-20 and I-285 interchange.; Eligible for economic incentives due to Qualified Census Tract (QCT) and Livable Center Initiative (LCI) designations.
    Request Owner's contact information
    4674 Snapfinger Woods Dr Decatur, GA 30035
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    Realmo Value Estimation

    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.

    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.

    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
    4674 Snapfinger Woods Dr Decatur, GA 30035
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