Residential Development Site For Sale off Panola Rd Dekalb County

avalon  /   March 17, 2021

Avalon Real Estate Partners is pleased to present this opportunity to purchase + 79.04 acres located on Panola Road in the City of Stonecrest, DeKalb County, Georgia. The property is situated approximately 0.9 from Browns Mill Park, 2.4 miles from Martin Luther King- Jr. High School, 2.5 miles from I-20 (Exit 71), and 7.3 miles from the Stonecrest Mall.

The property is zoned R-100 in the City of Stonecrest which allows 15,000 square foot lots, minimum lot width of 100’ and minimum unit sizes of 2,000 square feet.

The Sellers will consider a purchaser obtaining a Land Disturbance Permit, but will not permit a rezoning effort. The property must be underwritten under R-100 with no zoning modifications.

There are two unrelated landowners participating in this offer. Both have the same asking price, but terms and business details shall be negotiated individually with each seller. 

Seller A owns the properties addressed 3989 Panola Road and 4001 Panola Road which consists of approximately +52.26 acres. 

Seller B owns the property addressed 4115 Panola Road which consists of approximately +26.775 acres. 

Price: $40,000/acre

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