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    2528 Candler Rd Decatur, GA 30032

    For Sale
    $800,000

    2.86 Acres, MR2 Zoning, Development Ready

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 2.86-acre land parcel presents a prime multifamily development opportunity in Decatur, Georgia. Ideally situated on Candler Road and Eastwyck Road, this property boasts convenient access to Interstate 20, placing it within a thriving retail corridor. The MR2 zoning permits the construction of 12 to 24 units, encompassing both attached and detached single-family and multifamily dwellings. Adding to its appeal, the site enjoys excellent walkability to various amenities, including public transit, shopping centers, recreational facilities, pharmacies, a convenience store, and a grocery store. A MARTA bus stop is conveniently located adjacent to the property at the intersection of Candler Parkway and Candler Road. This location offers unparalleled connectivity and accessibility, making it an exceptional investment for developers seeking a high-demand location with significant development potential. The property's address is 2528 Candler Rd, Decatur, GA 30032, and is located in DeKalb County. The asking price for this remarkable opportunity is $800,000.

    Property Features for 2528 Candler Rd

    General Information

    Property type
    Multifamily properties
    Lot Size
    124,582 SF

    HighLights

    • 2.86‑acre land parcel for sale on Candler Road, Decatur, GA.
    • MR2 zoning permits 12‑24 units of attached/detached single‑family and multifamily dwellings.
    • Highly walkable location near public transit, shopping, and amenities.
    • Prime location on Candler Road and Eastwyck Road, near I‑20.
    • Convenient MARTA bus line access.
    • Situated in a thriving retail corridor.
    Property Profile Insight Report 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 Building Supply Gym & Fitness Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    DeKalb
    State
    Georgia
    Longitude
    -84.274473408814
    Latitude
    33.716659448818

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    FAQs

    What type of property is this?
    Multifamily property - 2.86 Acres, MR2 Zoning, Development Ready
    Where is this multifamily property located?
    The property is located at 2528 Candler Rd Decatur, GA.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: 2.86-acre land parcel for sale on Candler Road, Decatur, GA.; MR2 zoning permits 12-24 units of attached/detached single-family and multifamily dwellings.; Highly walkable location near public transit, shopping, and amenities.
    (770) 992-5112
    Request Owner's contact information
    2528 Candler Rd Decatur, GA 30032
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    Decatur, GA 30032
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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
    2528 Candler Rd Decatur, GA 30032
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