6378 Browns Mill Rd Lithonia, GA 30038
Beautiful 19.5 acres of mostly undeveloped land ready for combination of R-75 and R-100 zoned residential. Made up of 3 parcels that are not in any flood zones. One parcel does have a 3BR/2BA older, remodeled home with all of the utilities connected and IT IS CURRENTLY OCCUPIED. DO NOT WALK THE LAND OR DISTURB without appointment by agent. This would naturally be a tear down for a developer wanting to put a 30 - 60 single family home development. All three parcels have frontage on Browns Mill Rd with access to city sewer and power lines. Located in the Stonecrest/ Lithonia school districts. Stone throw from Arabia Mountain HS and also part of the Martin Luther King HS districts. Surrounded by wonderful family neighborhoods in excellent condition. CALL FOR AN APPOINTMENT TO VIEW OR ADDITIONAL DETAILS.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.