4640 Redan Rd, Stone Mountain, GA 30083
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.