2468 Panola Rd Lithonia, GA 30058

This exceptional 12.1-acre parcel in Lithonia, Georgia, presents a unique investment opportunity. Located on Panola Road, near the intersection of Dividend Drive, this partially wooded property boasts a tranquil setting adjacent to Smith's Lake and offers convenient access via a gated private driveway. Zoned R75, the land is ideally suited for a variety of commercial and residential developments, including multifamily residences or a 55+ community, as suggested by its proximity to a senior center and Miller Grove Park (less than 0.01 miles away). The property's strategic location provides excellent access to major thoroughfares such as I-20, I-285, and Covington Highway, ensuring easy commutes to downtown Atlanta and Hartsfield-Jackson Atlanta International Airport. Furthermore, the area offers abundant shopping, dining, and entertainment options, along with convenient access to hospitals and medical facilities. The property's proximity to Historic Stone Mountain adds to its appeal. Recent comparable sales in the area have exceeded $3 million, indicating strong market demand. The asking price is $2,250,000. The APN is 16-057-02-010. This is a cash or conventional financing opportunity. New photos showcasing the buildable land behind Smith's Lake are available.