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    OFF-MARKET
    Commercial real estate

    4640 Redan Rd, Stone Mountain, GA 30083

    11.33 ac lot
    Property ID
    US22-1328173
    Property summary
    AI-generated overview

    This exceptional 11.33-acre property located at 4640 Redan Road in Stone Mountain, Georgia, presents a remarkable investment opportunity. Currently zoned R100, this versatile land parcel offers significant potential for both residential and commercial development. The property's substantial size allows for subdivision, making it ideal for creating a residential community or a mixed-use development. Existing utilities are readily available, simplifying the infrastructure development process. The location in Dekalb County, with zip code 30083, provides convenient access to major transportation routes and amenities. The land's price per acre is $45,000, representing a compelling value given its size, zoning, and development potential. Prospective buyers should explore the possibility of rezoning to further enhance commercial development opportunities. This property is a rare find, offering a unique blend of residential and commercial viability in a desirable location. Serious inquiries are encouraged to explore the full potential of this exceptional land parcel. The latitude and longitude coordinates are 33.764935 and -84.201526 respectively.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 11.33 ac (493,535 SF)
    UPID US22-1328173
    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
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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