4632 Snapfinger Woods Dr Decatur, GA 30035-4110
This exceptional 42.35-acre development site in Decatur, Georgia, presents a prime opportunity for townhome and multifamily residential development. Located in DeKalb County, it boasts a highly desirable location less than two miles west of the I-20 and I-285 interchange, offering easy access to major transportation arteries. The property is situated within the I-20 Corridor Overlay District, allowing for mixed-use developments with up to 40 dwelling units per acre, plus a 25% density bonus. Studies indicate the potential for over 331 townhome units. The site's gently sloping topography and convenient access to utilities enhance its appeal. Significant economic incentives are available through its location within a Qualified Census Tract (QCT) and Livable Center Initiative (LCI) District. Furthermore, its adjacency to the Wesley Chapel Transit Oriented District (TOD) and proximity to a planned MARTA station make it ideal for transit-oriented development projects. The property's APN numbers are 15-127-02-005, 15-127-02-028, 15-127-02-060, and 15-128-04-002. The permitted zoning is RSM. This site is part of a larger 85.43-acre assemblage and can be purchased as a standalone property or as part of the larger offering. Water and sewer credits are available. The property is zoned for mixed-use development and is ideally suited for townhome and multifamily residential projects. High traffic counts on I-20 (approximately 64,795 vehicles per day) and Snapfinger Road (approximately 17,800 vehicles per day) further enhance the site's value and potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
TND · Decatur, GADecatur. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.