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    1779 Stephenson Rd Lithonia, GA 30058

    Sponsored
    For Sale
    $2,560,000

    Prime residential land, build your dream!

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 32.09-acre parcel in Lithonia, Georgia, presents a remarkable opportunity for residential development. Located at 1779 Stephenson Rd, Dekalb County, zip code 30058 (33.758324, -84.088664), this property is zoned RSM (Residential Small Lot Mix), offering significant flexibility. The RSM zoning allows for the construction of single-family homes or up to eight units per acre, with options for attached or detached dwellings. Minimum lot sizes range from 1,000 to 5,000 square feet, catering to diverse development plans. This prime location boasts stunning natural surroundings while providing convenient access to area amenities. The zoning's purpose is to create residential neighborhoods with a mix of housing types, offering design flexibility while protecting existing neighborhoods and aligning with the county's comprehensive plan. This land is ideal for building a family home or creating a lucrative investment property with rental income potential. The asking price for this expansive property is $2,560,000. Don't miss this chance to acquire a significant piece of land in a desirable location.

    Property Features for 1779 Stephenson Rd

    General Information

    Property type
    Land
    Lot Size
    1,397,840 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Pharmacy Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lithonia
    County
    Dekalb
    State
    Georgia
    Longitude
    -84.088664
    Latitude
    33.758324

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    FAQs

    What type of property is this?
    Land - Prime residential land, build your dream!
    Where is this land located?
    The property is located at 1779 Stephenson Rd Lithonia, GA.
    What is the asking price?
    The asking price for this property is $2,560,000.
    (404) 255-6810
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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
    1779 Stephenson Rd Lithonia, GA 30058
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