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Entitled Commercial Land
For Sale
$1,990,000

5706 Memorial Drive, Stone Mountain, GA 30083

O&I-zoned development site with multifamily and commercial entitlements along a state road corridor.

Property SizeContact for details
Days on Market565

Property Features for 5706 Memorial Drive

General Information

Standard status Active
Property subtype Land / Unimproved Land

Taxes and HOA fees

Annual Taxes $19,767

Amenities

.00
Chain Link, Fenced, Full, Perimeter
No
Greenhouse, Outbuilding, Other
Asphalt, Paved
Security Gate
State Road
Listing Agency: Atl.Fine Homes Sotheby's Int.
Listed By: Mary Beth McLaughlin · License #210219
Source: Compass
Added: Feb 11, 2025 Changed: Aug 30 Last Checked: Aug 30 at 6:03AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Atl.Fine Homes Sotheby's Int.

Investment Insights

Based on property information with market context.

This 4.75±-acre commercial land tract includes an active operating business, perimeter chain-link fencing, a security gate, paved areas, a greenhouse, and additional outbuildings. The site fronts Memorial Drive and includes two existing curb cuts for access.

The property is positioned outside I-285 in DeKalb County and carries O&I zoning within a designated Commercial Redevelopment Corridor. It is also located in both State and Federal Opportunity Zones. Existing entitlements support multifamily apartments and numerous commercial, institutional, medical, hospitality, educational, recreation, and service uses. Additional development concepts identified for consideration include townhomes, mixed-use communities, single-family housing, and higher-density apartment projects, subject to applicable approvals and verification.

Key Highlights

  • 4.75± acres on Memorial Drive in DeKalb County, Georgia
  • Over 440 feet of direct frontage
  • Two existing curb cuts provide site access

Property Analytics

Current Use

Tradition Trees (Stone ... Christmas Tree Farm Hall's Flower Shop ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Building Supply Real Estate Agency HVAC Service Cafe & Coffee Shop Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

743
Businesses Nearby
50k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 78% Shops & Services 22%
Chick-fil-A Dining
36,579 visits/mo 0.5 miles
Chevron Shops & Services
8,259 visits/mo 0.5 miles
Pizza Hut Dining
2,359 visits/mo 0.5 miles
Extra Space Storage Shops & Services
1,173 visits/mo 0.5 miles
DriveTime Used Cars Shops & Services
741 visits/mo 0.4 miles

Demographics for 30083, GA

58,064
Population
24,282
Households
2.4
Avg Household Size
35
Median Age
25%
College-Educated
85%
High-School Grad
17.9 sq mi
ZIP Area
3,244
Density / Sq Mi
$54,162
Median Household Income
$33,586
Median Earnings
$1,356
Median Rent
$221,400
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - O&I-zoned development site with multifamily and commercial entitlements along a state road corridor.
Where is this commercial land located?
The property is located at 5706 Memorial Drive Stone Mountain, GA.
What is the asking price?
The asking price for this property is $1,990,000.
What are key features of this property?
This property features: 4.75± acres on Memorial Drive in DeKalb County, Georgia; Over 440 feet of direct frontage; Two existing curb cuts provide site access
More about this property
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