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    1251 Robinwood Rd Decatur, GA 30033

    Sponsored
    For Sale
    $1,360,000

    Prime Decatur development site, 16 units permitted.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.07-acre residential development site in Decatur, Georgia, presents a compelling investment opportunity. Located at 1251 Robinwood Rd, Decatur, GA 30033 (APN 18-116-04-008), this property is zoned RSM and approved for the construction of up to sixteen residential units. The site boasts a highly desirable location within a thriving, affluent community, characterized by strong community engagement and excellent local amenities. All essential utilities – water, sewer, electricity, and gas – are readily available, simplifying the development process and minimizing upfront costs. The surrounding area demonstrates significant economic strength, with average household incomes exceeding $132,000 within a three-mile radius and $134,000 within a five-mile radius. This translates to a robust and stable market for residential development, making this property an attractive proposition for developers seeking to capitalize on Decatur's strong housing market. The property's strategic location and favorable zoning regulations combine to create a unique opportunity for a high-return residential development project. The asking price for this exceptional property is $1,360,000.

    Property Features for 1251 Robinwood Rd

    General Information

    Property type
    Land
    Lot Size
    90,169 SF

    HighLights

    • $1,360,000 asking price for a 2.07‑acre residential development site.
    • RSM zoning allows for up to 16 units.
    • Located in a desirable Decatur, GA neighborhood with available utilities.
    • High‑income area: Average household income within 3‑5 miles exceeds $130,000.
    • Property located at 1251 Robinwood Rd, Decatur, GA 30033 (APN: 18‑116‑04‑008).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    DeKalb
    State
    Georgia
    Longitude
    -84.26683799665
    Latitude
    33.816414706506

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    FAQs

    What type of property is this?
    Land - Prime Decatur development site, 16 units permitted.
    Where is this land located?
    The property is located at 1251 Robinwood Rd Decatur, GA.
    What is the asking price?
    The asking price for this property is $1,360,000.
    What are key features of this property?
    This property features: $1,360,000 asking price for a 2.07-acre residential development site.; RSM zoning allows for up to 16 units.; Located in a desirable Decatur, GA neighborhood with available utilities.
    (404) 876-1640
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    Decatur, GA 30033
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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
    1251 Robinwood Rd Decatur, GA 30033
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