1251 Robinwood Rd Decatur, GA 30033
- Commercial real estate
- 2.07 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1251 Robinwood Rd
- Lot size
- 2.07 lot acres
- Property type
- Commercial real estate
- APN
- 18-116-04-008
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Decatur
- County
- DeKalb
- State
- Georgia
- Longitude
- -84.26683799665
- Latitude
- 33.816414706506
