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Commercial Land with Development Entitlements
For Sale
$1,500,000

5706 Memorial Drive, Stone Mountain, GA 30083

Land, Stone Mountain, GA

Property SizeContact for details
Lot Size4.75 Acres
Days on Market405

Property Features for 5706 Memorial Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning OI
Zoning description Commercial
Security features Security
Vegetation Cleared
Fencing Fenced, Chain Link, Perimeter
Lot features Cleared, Level, Unincorporated
Elementary school Hambrick
Middle school Stone Mountain
High school Stone Mountain
Directions GPS Friendly
Standard status Active
APN 18 070 02 006
Lot size 4.75 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 19767

Utilities

Utilities Cable Available

Building Details

Additional Structures Greenhouse
Listing Agency: Atlanta Fine Homes Sotheby's International · Sotheby's International Realty
Listed By: MARY BETH MCLAUGHLIN
Added: Aug 7, 2025 Changed: Sep 12 Last Checked: Sep 15 at 10:06AM
MLS# 7625787

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.

Investment Insights

Based on property information with market context.

This 4.75-acre commercial land tract at 5706 Memorial Drive includes more than 440 feet of frontage, two existing curb cuts, perimeter chain-link fencing, and cable availability. The property is zoned OI and currently contains an operating retail business; visits require an appointment.

The site is positioned along a State Route in DeKalb County, just outside I-285, and lies within a designated Commercial Redevelopment Corridor and State and Federal Opportunity Zones. Current entitlements identify multifamily apartments and numerous commercial, institutional, medical, hospitality, office, education, and recreation uses. Additional uses may be available through a Special Use Permit, while the source information also identifies potential residential rezoning for townhomes, mixed-use communities, single-family homes, or higher-density apartments. Buyers must independently verify zoning, entitlements, permitted uses, and development suitability.

Key Highlights

  • 4.75‑acre commercial land tract
  • More than 440 feet of direct frontage on Memorial Drive
  • Two existing curb cuts provide site access

Property Analytics

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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.

Lease Details

Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Fenced development site with commercial corridor designation and access from Memorial Drive.
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 $1,500,000.
What are key features of this property?
This property features: 4.75‑acre commercial land tract; More than 440 feet of direct frontage on Memorial Drive; Two existing curb cuts provide site access
More about this property
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