3961 Panola Road, Lithonia, GA 30038

$500,000

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List Price
$500,000
Status
ACTIVE
Days on Market
44
MLS#
10798584
Subtype
Land
Lot Size
1,132,995
Acres
26.01

Property Description

26 (+/-) Acres Zoned R-100 This 26-acre parcel offers immediate development potential in a growing corridor of Stonecrest, GA. The property is currently zoned R-100 (Residential Medium Lot District), allowing up to 3 homes per acre (1 home per 15,000 sq. ft.) with a maximum lot coverage of 35%. Location: 3 miles to I-20 20 miles to Downtown Atlanta 23 miles to Hartsfield-Jackson Atlanta International Airport Nearby amenities include Browns Mill Park & Aquatic Center (2 miles), Arabia Mountain (6 miles), Stonecrest Mall (8 miles), and Stone Mountain (15 miles). Infrastructure: Utilities available: electric, water, cable, natural gas Sewer access: easement required, connection available via adjacent community at the rear of the property Property Features: Gently sloping topography with wooded cover Historical use as farmland and timber harvest site (mid-1900s) 26 (+/-) contiguous acres suitable for residential development Development Potential- Subdivision opportunity: well-suited for residential subdivision projects given zoning, access, and location Private estate option: acreage and setting also allow for construction of a large private residence with significant land use flexibility Summary: 3961 Panola Road presents a prime opportunity for builders, developers, or investors seeking residential development land in the Stonecrest/Atlanta metro area. The combination of location, zoning, and available utilities makes this property a strong candidate for immediate planning and subdivision.

Additional Information

Elementary School
Flat Rock
High School
Martin Luther King Jr

Listing courtesy of Keller Williams Realty.

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