3879 Panthersville Rd Ellenwood, GA 30294
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 3879 Panthersville Rd
- Property type
- Commercial real estate
Description
This exceptional 40-acre property, encompassing two parcels (32.4 acres at 3879 Panthersville Rd and 7.7 acres at 3855 Panthersville Rd), presents a remarkable opportunity for residential development. Located in DeKalb County, Georgia, zip code 30294, this level lot boasts 110 feet of frontage on Panthersville Road, offering excellent visibility and accessibility. The property is zoned R-100, making it ideally suited for residential construction. Its strategic location provides convenient access to major transportation arteries, including Exit 48 on Highway 285. Furthermore, the site enjoys proximity to educational institutions, with Georgia Perimeter College just 1.6 miles away, Cedar Grove Elementary School a mere 0.6 miles distant, and Cedar Grove Middle/High School only 0.5 miles from the property. The asking price for this expansive land parcel is $2,807,000, translating to an attractive price per acre of $70,000. This represents a compelling investment opportunity given the property's size, zoning, location, and potential for significant returns. The property's flat terrain simplifies development, minimizing site preparation costs and accelerating project timelines. This prime location offers future residents easy access to local amenities and services, making it an attractive residential development prospect.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ellenwood
- County
- Dekalb
- State
- Georgia
- Longitude
- -84.2805589
- Latitude
- 33.6690241
