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Property profile & analytics
OFF-MARKET
Land

2697 Kelly Lake Rd Decatur, GA 30032

3.8 ac lot
Property ID
US22-4180779
Property summary
AI-generated overview

This exceptional 3.8-acre parcel presents a prime opportunity for townhome development in desirable Decatur, Georgia. Located in unincorporated DeKalb County at 2697 Kelly Lake Rd, 30032, this property boasts a strategic location less than a mile from a thriving, rapidly selling townhome community. The site is currently zoned R75, but a site plan indicates the potential for up to 28 townhomes under the RSM zoning designation. This rezoning offers the added benefit of Opportunity Zone incentives, enhancing the investment potential. Convenient access to major thoroughfares, including I-20 and I-285, ensures easy commutes for future residents. The property's location within a Qualified Opportunity Zone provides significant tax advantages for investors. This is a rare chance to capitalize on the high demand for townhomes in this area, with the potential for substantial returns. The property's latitude and longitude coordinates are 33.7157713 and -84.2798281 respectively. Detailed site plans and zoning information are available upon request. Don't miss this exceptional opportunity to develop a thriving townhome community in a highly sought-after location.

Property profile
Verified
Property type Land
Lot 3.8 ac (165,528 SF)
UPID US22-4180779
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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